Discount window

Discount Window
Discount Window definition :
Facility provided by the Fed enabling member banks to borrow reserves against collateral in the form of government securities or other acceptable paper.
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Discount window
A discount window is a collateralised loan facility offered to banks by the central bank in order to ensure the liquidity of banks.

Fed Definition of Discount Window
Fed Discount Window Web Site
New York Fed Discount Window Explanation
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DISCOUNT WINDOW - a figurative expression referring to the Federal Reserve facility for extending credi...
DISCOUNT YIELD - The yield or annual interest rate on a security sold to an investor at a discount. A b...

Discount Window
Federal Reserve location where banks can borrow money at the discount rate.
See: Discount Rate ...

Discount window:
A facility offered by a county's Central Bank by which commercial banks may borrow short-term (at the Discount rate), for instance in order to adjust to sudden changes in their assets and liabilities portfolio.

DISCOUNT WINDOW " The mechanism by which member banks may borrow from the federal reserve. See: Discount Rate.

DISCOUNT WINDOW: The means by which the central bank (the Federal Reserve in the United States) makes discount loans to banks.

Discount Window
Expectations Theory
Federal funds market
Federal Funds Rate ...

discount window
place in the Federal Reserve where banks go to borrow money at the discount rate.

Discount Window (finance term)
Bias (in banking)
Key Rate (in banking)
Broker's Call Loan (in banking)
Money Market Rates (in banking)
Federal Funds (business term)
Broker Loan Rate (finance term)
Blended Rate (in banking)
Fed Bias (finance term) ...

Discount window
A borrowing arrangement for the benefit of direct clearers made by the central bank whereby the eligible bank will purchase eligible securities at a discount with an agreement to sell them back to the direct clearer at par at a ...

Discount Window. Not an actual "window," but the mechanism whereby a central bank carries out the process of discounting. (See Bank, Central.) TOP^ ...

Eligible bankers' acceptances In the BA market, an acceptance may be referred to as eligible because it is acceptable by the Fed as collateral at the discount window and/or because the accepting bank can sell it without incurring a reserve ...

the discount window). The Federal Reserve discount rate is set by the boards of directors of each Federal Reserve Bank. Federal Reserve discount rate changes also are subject to review by the Board of Governors of the Federal Reserve System.

The Federal Reserve's techniques for achieving its desired level of reserves-both borrowed reserves that banks obtain at the discount window and nonborrowed reserves that it provides by open-market purchases-have changed significantly over time.

(ii) The rate at which banks may borrow at their central bank's discount window. [e]
Discount window [r]: A facility provided by central banks that enables a bank to make secured short-term loans at its central bank's discount rate. [e] ...

Another way banks can borrow funds to keep up their required reserves is by taking a loan from the Federal Reserve itself at the discount window.

Federal Reserve credit is most often extended by way of the "discount window," which is the Federal Reserves primary program of lending funds to member banks.

In the BA market, an acceptance may be referred to as eligible because it is acceptable by the Fed as collateral at the discount window and/or because the accepting bank can sell it without incurring a reserve requirement.
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its major provisions, this Act applied uniform reserve requirements to all depository institutions with certain types of accounts and required reports from these depository institutions. It also extended access to the Federal Reserve discount window ...

Non-interest-bearing money market instruments that are issued at a discount and redeemed at maturity for full face value, e.g., US Treasury bills.
Discount window ...

But why did they make the change? Partly because it's given both firms access to the Federal Reserve's discount window - the same line of credit that is open to other depository institutions at a lower interest rate.

Federal Reserve Banks are in charge of initiating changes in the discount rate and the rate of interest on loans made by Reserve Banks to depository institutions according to the so called the "discount window"2.

See also: Banks, Fed, Federal Reserve Bank, Expense, Bills