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Fedpoints |
| Fedpoints is a reference series explaining the structure and functions of the Federal Reserve System and the economic concepts relevant to its work. |
New York Fed |
| Services for Central Banks and International Institutions |
| Who We Are and What We Do |
Federal Reserve System |
| Board of Governors of the Federal Reserve System |
| Federal Open Market Committee |
| How the Federal Reserve Is Audited |
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The Role of Reserve Bank Directors
Under Revision |
Monetary Policy |
| Discount Window |
| Federal Funds |
| Money Supply |
| Open Market Operations |
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Primary Dealers
Under Revision See the Administration of Relationships with Primary Dealers for more information. |
| Repurchase and Reverse Repurchase Transactions |
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Reserve Requirements
Under Revision |
| Seasonal Borrowing |
| System Open Market Account |
Payment Systems |
| Check Processing |
| Currency Processing and Destruction |
| Fedwire® and National Settlement Services |
| Float |
| How Currency Gets into Circulation |
Foreign Exchange |
| Currency Devaluation and Revaluation |
| Exchange Stabilization Fund |
| U.S. Foreign Exchange Intervention |
International Affairs |
| Balance of Payments |
| Federal Reserve in the International Arena |
| Foreign Banks and the Federal Reserve |
| International Banking Facilities |
Treasury Securities |
| Book-Entry Procedure |
| Estimating Yields on Treasury Securities |
| Treasury Auctions |
| Understanding U.S. Government Securities Quotes |
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Zero Coupons and STRIPS
April 2011 |

