---
kind: "section"
citation: "12 C.F.R. § 329.34"
title: "12"
number: "329.34"
heading: "Cash flows related to Covered Federal Reserve Facility Funding."
url: "https://uscodex.org/cfr/12/329.34"
---

# §329.34. Cash flows related to Covered Federal Reserve Facility Funding.

- (a) **Treatment of Covered Federal Reserve Facility Funding.** Notwithstanding any other section of this part and except as provided in [paragraph (b)](#b) of this section, outflow amounts and inflow amounts related to Covered Federal Reserve Facility Funding and the assets securing Covered Federal Reserve Facility Funding are excluded from the calculation of a FDIC-supervised institution's total net cash outflow amount calculated under [§ 329.30](/cfr/12/329.30.md).
- (b) **Exception.** To the extent the Covered Federal Reserve Facility Funding is secured by securities, debt obligations, or other instruments issued by the FDIC-supervised institution or one of its consolidated subsidiaries, the Covered Federal Reserve Facility Funding is not subject to [paragraph (a)](#a) of this section and this outflow amount must be included in the FDIC-supervised institution's total net cash outflow amount calculated under [§ 329.30](/cfr/12/329.30.md).

## Notes

### Amendments

[85 FR 26841, May 6, 2020]

### Authority

Authority: 12 U.S.C. 1815, 1816, 1818, 1819, 1828, 1831p-1, 5412.

### Source

Source: 79 FR 61523, Oct. 10, 2014, unless otherwise noted.

### Amendments

[85 FR 26841, May 6, 2020]