Does the Federal Reserve disclose the identity of institutions that borrow from the discount window?
Yes. In accordance with the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. No. 111-203), the Federal Reserve has changed its practices with respect to disclosure of discount window lending information. Effective for discount window loans (primary, secondary, and seasonal credit) extended on or after July 21, 2010, the Federal Reserve will publicly disclose the following information, generally about two years after a discount window loan is extended to a depository institution: • The name and identifying details of the depository institution; • The amount borrowed by the depository institution; • The interest rate paid by the depository institution; and • Information identifying the types and amounts of collateral pledged in connection with any discount window loan. This disclosure requirement does not apply to collateral pledged by depository institutions that do not borrow This information will be released quarterly, and may be disclosed with less
Related Questions
- Does the Federal Reserve publish information about which depository institutions are allowed to borrow from the Discount Window at the primary credit rate?
- How many times may a depository institution borrow from the Discount Window in any given period?
- What procedures should a depository institution follow to borrow from the Discount Window?
