Examples of Secondary credit in a sentence
Secondary credit is extended under appropriate circumstances to institutions not qualified for primary credit, at a rate above the primary discount rate.We note that the authors of the Report do not recommend eliminating the lender- of-last-resort function, only redesigning it.
Secondary credit rate — primary credit rate plus 50 basis points.
Secondary credit is available as a backup source of liquidity on a very short term basis, provided that the loan is consistent with a timely return to a reliance on market sources of funds.
Secondary credit may be provided to depository institutions that do not qualify for primary credit, subject to review by the lending Reserve Bank.
Secondary credit is available at a rate above the primary credit rate.
Effluent Concentration = Corresponding 30-Day average effluent concentration based on the analytical results of the reporting period.
Secondary credit is available to depository institutions that are not eligible for primary credit.
The interest rates for primary credit provided to deposi- tory institutions under § 201.4(a) are: (b) Secondary credit.
Secondary credit is available to meet backup liquidity needs when its use is consistent with a timely return to a reliance on market sources of funding or the orderly resolution of a troubled institution.
Federal Reserve Liquidity Facilities are comprised of Term auction credit, Secondary credit, Seasonal credit, Term Asset-Backed Securities Loan Facility, Other credit extensions, Net portfolio holdings of Commercial Paper Funding Facility LLC, Central bank liquidity swaps, Primary dealer and other broker-dealer credit, Asset- Backed Commercial Paper Money Market Mutual Fund Liquidity Facility, Term facility.