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Home > Releases > Seasonal Credit Rate > Eighth District Flexible Rate on Seasonal Credit (FLEXSC)

Eighth District Flexible Rate on Seasonal Credit (FLEXSC)

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Eighth District Flexible Rate on Seasonal Credit 1998-12-03 Current

Federal Reserve Bank of St. Louis 1998-12-03 Current

Seasonal Credit Rate 1998-12-03 Current

Percent 1998-12-03 Current

Bi-Weekly, Beg. of Period 1998-12-03 Current
Seasonal Adjustment    

Not Seasonally Adjusted 1998-12-03 Current

Beginning of Period

Seasonal credit is available to help relatively small depository institutions meet regular seasonal needs for funds that arise from a clear pattern of intrayearly movements in their deposits and loans and that cannot be met through special industry lenders. The discount rate on seasonal credit takes into account rates charged by market sources of funds and ordinarily is re-established on the first business day of each two-week reserve maintenance period.

1998-12-03 Current

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Money, Banking, & Finance > Interest Rates > FRB Rates - discount, fed funds, primary credit

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