Credit rate which applies to loans extended from a central bank to a financial institution for a short duration, usually overnight. Banks that borrow at the primary credit rate are generally in good financial shape. Primary credit rate is not to be confused with the prime rate.
Related information about primary credit rate:
- FRB: The Discount Rate
The discount rate charged for primary credit (the primary credit rate) is set above the usual level of short-term market interest rates. (Because primary credit is the ...
- What is primary credit rate? definition and meaning
Definition of primary credit rate: Credit rate which applies to loans extended from a central bank to a ... Primary credit rate is not to be confused with the prime rate.
- Current Discount Rates - The Federal Reserve Bank Discount ...
Discount Rates; Current Discount Rates · Historical Discount Rates. Current Discount Rates. District, Primary Credit Rate, Secondary Credit Rate, Effective Date ...
- Discount window - Wikipedia, the free encyclopedia
This reduced the spread of the primary credit rate over the fed funds rate from ... The primary credit rate was also reduced to 3.25% from 3.50%, which cut the ...
- Primary Credit Rate (DPCREDIT) - FRED - St. Louis Fed
Series: DPCREDIT, %, Daily, 2003-01-09 to 2012-11-27, NSA, FRED: Download, graph, and track economic data. Tags: credits, h15, primary, daily, interest rate, ...
- Primary Credit Rate (WPCREDIT) - FRED - St. Louis Fed
Series: WPCREDIT, %, Weekly, Ending Wednesday, 2003-01-15 to 2012-11-21, NSA, FRED: Download, graph, and track economic data. Tags: credits, h15 ...
- Discount Window - Federal Reserve Bank of New York
Under the program enacted in 2003, Reserve Banks establish the primary credit rate at least every 14 days, subject to review and determination of the Board of ...
- Primary Credit Rate
Primary Credit Rate historical data, charts, stats and more. Primary Credit Rate is at 0.75%, compared to 0.75% the previous market day and 0.75% last year.