The Federal Reserve has implemented updated collateral margins for discount window lending and payment system risk purposes effective Nov. 1, 2023. The updated collateral margins tables can be viewed on the Collateral Valuation (Off-site) page of the Discount Window and Payment System Risk (Off-site) website. Please review the related FAQs (Off-site) for more information about the changes. Please contact your local Reserve Bank (Off-site) for more information.