(a) A Federal Reserve Bank may pay interest on balances maintained by a designated financial market utility at the Federal Reserve Bank in accordance with this section and under such other terms and conditions as the Board may prescribe.
CFR 12-234.6-2014 history
2014CFR 12-234.6-2014 Banks and banking. Part234:Designated financial market utilities (regulation HH). Section234.6:Interest on balances.
2013CFR 12-234.6-2013 Banks and banking. Part234:Designated financial market utilities (regulation hh). Section234.6:Access to federal reserve bank accounts and services.