Code of Federal Regulations · Section

§ 250.160 — Federal Funds Transactions

12 C.F.R. § 250.160

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(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 C.F.R. § 250.143 12 C.F.R. § 250.163

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