Regulation A: Extensions of Credit by Federal Reserve Banks — 2025-12-19 [2025-23389]

Board of Governors of the Federal Reserve System. The Board of Governors of the Federal Reserve System (“Board”) has adopted final amendments to its Regulation A to reflect the Board's approval of a decrease in the rate for primary credit at each Federal Reserve Bank. The secondary credit rate at each Reserve Bank automatically decreased by formula as a result of the Board's primary credit rate action. Effective date: This rule is effective December 19, 2025. Applicability date: The rate changes for primary and secondary credit were applicable on December 11, 2025. M. Benjamin Snodgrass, Special Counsel (202-263-4877), Legal Division, or David Lowe, Financial Institution & Policy Analyst (202-893-6143), Division of Monetary Affairs; for users of telephone systems via text telephone (TTY) or any TTY-based Telecommunications Relay Services, please call 711 from any telephone, anywhere in the United States; Board of Governors of the Federal Reserve System, 20th and C Streets NW, Washington, DC 20551.