§ 250.160 Federal funds transactions.

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Title 12 CFR: Banks and Banking › Chapter II: FEDERAL RESERVE SYSTEM › Part 250: MISCELLANEOUS INTERPRETATIONS › § 250.160: § 250.160 Federal funds transactions.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

(a) It is the position of the Board of Governors of the Federal Reserve System that, for purposes of provisions of law administered by the Board, a transaction in Federal funds involves a loan on the part of the

selling

bank and a borrowing on the part of the

purchasing

bank.

(b) [Reserved]

(12 U.S.C. 371c)

[33 FR 9866, July 10, 1968, as amended at 67 FR 76622, Dec. 12, 2002]

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