Select Your FRB Payment System Risk Collateral Discount Rates Agreements Guidelines General Information

Payment System Risk

The purpose of these materials is to help depository institutions comply with the Federal Reserve's Policy Statement on Payment System Risk (PSR Policy), issued by the Board of Governors of the Federal Reserve System.

Payment System Risk Policy Revisions: Information on Recently Announced Revisions to Part II of the Policy on Payment System Risk
Current Interest Rates
Primary Credit 0.75%
Secondary Credit 1.25%
Seasonal Credit 0.30%
Fed Funds Target 0 - 0.25%