Setting the Federal Reserve primary-credit discount rate above the Fed Funds rate mirrors what credit facilities used by several European central banks?

Question

Quizplus · Accepted Answer

The Lombard credit facilities, used by several European central banks, allow banks to borrow money from the central bank at a rate higher than the Fed Funds rate, similar to the Federal Reserve setting the primary-credit discount rate above the Fed Funds rate. The other options (Vince, Adam Smith, and Lower Back) are not real credit facilities used by central banks.

Setting the Federal Reserve Primary-Credit Discount Rate Above the Fed