# Interest rates applicable to credit extended by a Federal Reserve Bank.
1
**AGENCY:**
Board of Governors of the Federal Reserve System.
**ACTION:**
Correcting amendments.
**SUMMARY:**
The Board of Governors of the Federal Reserve System (Board) is correcting a document published in the *Federal Register* of September 27, 2007, that amended Regulation A to reflect a decrease in the primary and secondary credit rates at each Federal Reserve Bank.
**DATES:**
This correction is effective October 5, 2007. The rate changes for primary and secondary credit were effective on the dates specified in 12 CFR 201.51, as amended.
**FOR FURTHER INFORMATION CONTACT:**
Jennifer J. Johnson, Secretary of the Board (202/452-3259); for users of Telecommunication Devices for the Deaf (TDD) only, contact 202/263-4869.
**SUPPLEMENTARY INFORMATION:**
The Board published a document in the *Federal Register* of September 27, 2007 (72 FR 54813). The document (FR Doc. E7-19062) amended the Federal Reserve Banks' primary and secondary credit rates on extensions of credit available to depository institutions as a backup source of funding on a short-term basis. This document corrects the secondary credit rates for the Federal Reserve Bank of Dallas and the Federal Reserve Bank of San Francisco.
**List of Subjects in 12 CFR Part 201**
Banks, Banking, Federal Reserve System, Reporting and recordkeeping.
**12 CFR Part 201**
**Authority and Issuance**
For the reasons set forth in the preamble, the Board is amending 12 CFR Chapter II to read as follows:
**PART 201—EXTENSIONS OF CREDIT BY FEDERAL RESERVE BANKS (REGULATION A)**
1. The authority citation for part 201 continues to read as follows:
**Authority:**
12 U.S.C. 248(i)-(j), 343 *et seq.* , 347a, 347b, 347c, 348 *et seq.* , 357, 374, 374a, and 461.
**12 CFR Part 201**
2. In § 201.51 in paragraph (b), the entries for Dallas and San Francisco are revised to read as follows:
§ 201.51
[^1] The primary, secondary, and seasonal credit rates described in this section apply to both advances and discounts made under the primary, secondary, and seasonal credit programs, respectively.
(b) * * *
| Federal Reserve Bank | Rate | Effective |
| --- | --- | --- |
| | | |
| * * * * * | | |
| Dallas | 5.75 | September 19, 2007. |
| San Francisco | 5.75 | September 18, 2007. |
By order of the Board of Governors of the Federal Reserve System, October 2, 2007.
Jennifer J. Johnson,
Secretary of the Board.