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Eighth District Flexible Rate on Seasonal Credit

2016-05-26: 0.45 Percent  
Biweekly, Beg. of Period, Not Seasonally Adjusted, FLEXSC, Updated: 2016-05-26 11:21 AM CDT
1yr | 5yr | 10yr | Max

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.

Source: Federal Reserve Bank of St. Louis

Release: Seasonal Credit Rate

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(a) Eighth District Flexible Rate on Seasonal Credit, Percent, Not Seasonally Adjusted (FLEXSC)
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Suggested Citation
Federal Reserve Bank of St. Louis, Eighth District Flexible Rate on Seasonal Credit [FLEXSC], retrieved from FRED, Federal Reserve Bank of St. Louis, May 30, 2016.

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