|
 |
Site Map | Text Size:
S
M
L
|
| Home | About the OCC | News and Issuances | Publications | Tools and Forms | Topics |
|
|
|
Site Map | Text Size:
S
M
L
|
| Home | About the OCC | News and Issuances | Publications | Tools and Forms | Topics |
News and Issuances BankNet  HelpWithMyBank.gov  Job Seekers |
Joint Release
Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation National Credit Union Administration Office of the Comptroller of the Currency NR 2011-104
FOR IMMEDIATE RELEASE August 5, 2011 Agencies Issue Guidance on Federal DebtEarlier today, Standard & Poor's rating agency lowered the long-term rating of the U.S. government and federal agencies from AAA to AA+. With regard to this action, the federal banking agencies are providing the following guidance to banks, savings associations, credit unions, and bank and savings and loan holding companies (collectively, banking organizations). For risk-based capital purposes, the risk weights for Treasury securities and other securities issued or guaranteed by the U.S. government, government agencies, and government-sponsored entities will not change. The treatment of Treasury securities and other securities issued or guaranteed by the U.S. government, government agencies, and government-sponsored entities under other federal banking agency regulations, including, for example, the Federal Reserve Board’s Regulation W, will also be unaffected. Media Contacts:
# # #
|
|
||||||||||||||||||||||||||||
2011
