Federal Reserve Bank of Philadelphia
12/11/2025 | Press release | Distributed by Public on 12/11/2025 09:24
Circular Letter 5788
Circular Letter 5788
11 Dec '25
Supplement No. 1 to Operating Circular No. 10 - Rate Schedule
To: All Member Banks and Others Concerned in the Third Federal Reserve District
Attention: All Depository Institutions
Subject: Supplement No. 1 to Operating Circular No. 10 - Rate Schedule
Effective December 11, 2025, this Bank has established the following new schedule of rates for credit extended to eligible borrowers under the Federal Reserve Act, as amended, and Regulation A of the Board of Governors of the Federal Reserve System:
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Per Cent
Per Annum |
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(1) for short-term primary credit under Section 201.4(a) of Regulation A
(2) for short-term secondary credit under Section 201.4(b) of Regulation A
(3) for seasonal credit under Section 201.4(c) of Regulation A:
A flexible rate that takes into account rates charged on market sources of funds is ordinarily established on the first business day of each two-week Reserve Maintenance Period.
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3.75%
4.25%
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This circular supersedes Supplement No. 1 to Operating Circular No. 10, revised October 30, 2025, and should be placed in your binder containing the operating circulars of this Bank.
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