[Federal Register Volume 65, Number 8 (Wednesday, January 12, 2000)]
[Notices]
[Page 1895]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-674]



[[Page 1895]]

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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

SUMMARY:

Background

    Notice is hereby given of the final approval of proposed 
information collections by the Board of Governors of the Federal 
Reserve System (Board) under OMB delegated authority, as per 5 CFR 
1320.16 (OMB Regulations on Controlling Paperwork Burdens on the 
Public). Board-approved collections of information are incorporated 
into the official OMB inventory of currently approved collections of 
information. Copies of the OMB 83-Is and supporting statements and 
approved collection of information instrument(s) are placed into OMB's 
public docket files. The Federal Reserve may not conduct or sponsor, 
and the respondent is not required to respond to, an information 
collection that has been extended, revised, or implemented on or after 
October 1, 1995, unless it displays a currently valid OMB control 
number.

FOR FURTHER INFORMATION CONTACT:

Chief, Financial Reports Section--Mary M. West--Division of Research 
and Statistics, Board of Governors of the Federal Reserve System, 
Washington, DC 20551 (202-452-3829)
OMB Desk Officer--Alexander T. Hunt--Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 3208, Washington, DC 20503 (202-395-7860)

Final Approval Under OMB Delegated Authority of the Extension for 
Three Years, Without Revision, of the Following Report

    Report title: Survey of Terms of Bank Lending.
    Agency form number: FR 2028A, FR 2028B, and FR 2028S.
    OMB control number: 7100-0061.
    Frequency: Quarterly.
    Reporters: commercial banks (all three reports) and U.S. branches 
and agencies of foreign banks. (FR 2028A and FR 2028S)
    Annual reporting hours: 8,100 burden hours.
    Estimated average hours per response: FR 2028A: 4.0. FR 2028B: 1.5. 
FR 2028S: 0.1.
    Number of respondents: FR 2028A: 398. FR 2028B: 250. FR 2028S: 580.
    Small businesses are affected.
    General description of report: This information collection is 
voluntary (12 U.S.C. 248(a)(2)) and is given confidential treatment (5 
U.S.C. 552(b)(4) and (8)).
    Abstract: The Survey of Terms of Bank Lending provides unique 
information concerning the price and certain nonprice terms of loans 
made to businesses and farmers by commercial banks. The reports are 
completed for the first full business week of the mid-month of each 
quarter (February, May, August, and November). The FR 2028A and B 
collect detailed data on individual loans made during the survey week. 
The FR 2028S collects the prime interest rate for each day of the 
survey week. From these sample STBL data, estimates of the terms of 
business and farm loans extended during the reporting week at all 
insured U.S. commercial banks are constructed. The estimates for 
business loans are published in the quarterly E.2 release, ``Survey of 
Terms of Bank Lending,'' and estimates for farm loans are published in 
the quarterly E.15 release, ``Agricultural Finance Databook.''

    Board of Governors of the Federal Reserve System, January 6, 
2000.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 00-674 Filed 1-11-00; 8:45 am]
BILLING CODE 6210-01-P