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 & Education function engages, empowers and educates the public in the Second District. Our outreach mission furthers the Bank’s commitment to the region by listening to the communities we serve and developing programs, analysis and sponsored conferences and clinics to help meet their needs. Our education mission aims to advance public knowledge about the Federal Reserve System and its role in the economy.
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.