Changes to the Collateral Margins Table for Discount Window and Payment System Risk Purposes

August 19, 2009

On August 19, 2009, the Federal Reserve Banks announced changes to the collateral margins table for discount window (including Term Auction Facility lending) and payment system risk purposes, effective October 19, 2009. Since your institution pledges collateral for discount window and/or payment system risk purposes, I am writing to inform you of these changes.