The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
FR 2028b/s Survey of Terms of Bank Lending to Farmers/Prime Rate Supplement
The FR 2028B collects information on farm loans made by commercial banks during a representative week. The collected data include price and nonprice terms. The respondents provide information on the stated rate of interest on the loan and the frequency with which interest is compounded. In addition there are questions concerning other important loan terms, including loan size, commitment status, maturity, collateralization, the purpose of the loan and risk rating. The FR 2028S, a companion report, collects institutions' prime interest rate for the days reported. Together with the Survey of Terms of Business Lending (FR 2028A), these reports constitute the Survey of Terms of Lending (STBL) report series.