Primary and Secondary Credit

January 6-7, 2003

Session Description
The Discount Window division of the Federal Reserve Bank of New York will host a two hour conference on January 6th and January 7th 2003 to provide practical information on the new revisions to Discount Window programs. The seminar will cover the amendment to Regulation A which replaces adjustment credit and extended credit programs with new discount window programs called primary credit and secondary credit. Representatives of the Discount Window will describe in detail the background for the changes and eligibility requirements as well as practical operational aspects of the new credit programs.

Detailed information on the new amendment to Regulation A can be found at:

Who Should Attend
The sessions are open to bank officials overseeing or involved in the funding operations of their institution.

More Information
For additional information on the times and location of the conferences and to register, please call Afeida Ally at (212) 720-6704.