Collateral Pledging - Federal Reserve Bank of New York

Banking

Supervision and Regulation

Reporting Forms and Instructions

Mergers and Acquisitions

Payment Systems

Discount Window

Collateral Pledging

Qualified Loan Review

International Affairs

Consumer Protection

Services for Financial Institutions

Collateral Pledging

To borrow from the discount window, acceptable collateral must first be pledged and placed in a loan collateral account. Guidelines and forms for financial institutions can be found below.

Background

The Federal Reserve System Guide to Discount Window Collateral

Mechanics of Borrowing

Operating Circular 10: Lending offsite

40 pages / 250 kb

Operating Circular 8: Collateral

9 pages / 30 kb

Official OC-10 Authorization List for Borrowing and Pledging

Official OC-10 Authorization List

1 page / 59 kb

Guidelines and Forms by custody arrangement

Custody	Guidelines	Deposit and Withdrawal Forms

National Book-Entry System (NBES) Accounts	NBES Procedures 2 pages / 17 kb	Not available online

Depository Trust Co. (DTC) Arrangements	DTC Procedures 1 page / 17 kb	DTC Deposit Application* 1 page / 26 kb DTC Withdrawal Application* 1 page / 24 kb

Euroclear or Clearstream	Pledging Securities Held Through Euroclear or Clearstream 5 pages / 29 kb	Withdrawal Application for Euroclear 2 page / 27 kb

Borrower-in-Custody (BIC)	BIC Guidelines and Forms ››	BIC Guidelines and Forms ››

Vault Custody	Vault Custody Procedures 1 page / 13 kb	Deposit Application for Vault Collateral 1 page / 28 kb Withdrawal Application for Vault Collateral 1 page / 25 kb

* DTC deposit and withdrawal applications are only required for Treasury's 31 CFR Part 202 and Part 225 accounts.