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Statistical Supplement | June 2008

Statistical Supplement to the Federal Reserve Bulletin, June 2008
1.12  Reserves and Borrowings, Depository Institutions1
Millions of dollars
Reserve classification Prorated monthly averages of biweekly averages
2005 2006 2007 2007 2008
Dec Dec Decr Sept Oct Novr Decr Jan Feb Mar
1 Reserve balances with Reserve Banks2 10,047 8,480r 8,200 8,754r 8,288r 8,539 8,200 8,724r 8,159r 9,759
2 Total vault cash3 51,314 50,897 52,161 49,633 49,755 48,996 52,161 53,162 53,650 50,445
3 Applied vault cash4 35,337 34,803 34,521 33,483r 33,213r 33,343 34,521 35,329r 34,597r 32,919
4 Surplus vault cash5 15,977 16,094 17,640 16,150r 16,542r 15,652 17,640 17,833r 19,053r 17,526
5 Total reserves6 45,384 43,283r 42,721 42,237r 41,501r 41,882 42,721 44,053r 42,756r 42,678
6 Required reserves 43,483 41,420 40,946 40,503r 40,040r 40,178 40,946 42,410r 41,027r 39,685
7 Excess reserve balances at Reserve Banks7 1,900 1,863r 1,775 1,734r 1,462r 1,704 1,775 1,643r 1,728r 2,993
8 Total borrowing at Reserve Banks 169 191 15,430 1,567 254 366 15,430 45,660 60,157 94,523
9 Primary 97 111 3,787 1,345 126 315 3,787 1,137 155 1,617
10 Secondary 0 0 1 0 13 0 1 0 0 0
11 Seasonal 72 80 30 221 115 50 30 6 3 6
12 Term auction credit n.a. n.a. 11,613 n.a. n.a. n.a. 11,613 44,516 60,000 75,484
13 Primary dealer credit facility n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 16,168
14 Other credit extensions n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 1,249
 Biweekly averages of daily figures for two-week periods ending on dates indicated
2007 2008
Dec 5 Dec 19 Jan 2 Jan 16 Jan 30 Feb 13 Feb 27r Mar 12 Mar 26 Apr 9
1 Reserve balances with Reserve Banks2 9,490r 6,624r 9,500r 7,939r 9,498r 7,315r 8,899 8,468 10,928 9,588
2 Total vault cash3 48,368r 52,089 53,828 51,444 54,544 56,556 51,577 49,271r 51,780 49,525
3 Applied vault cash4 34,890r 32,072 37,225r 32,046r 38,469r 33,552r 35,926 32,082r 33,596 33,037
4 Surplus vault cash5 13,478r 20,017 16,603r 19,399r 16,075r 23,004r 15,651 17,189r 18,185 16,488
5 Total reserves6 44,380 38,696r 46,725r 39,985r 47,967r 40,867r 44,825 40,549r 44,523 42,625
6 Required reserves 42,530r 37,476r 44,334r 38,247r 46,528r 39,193r 43,002 39,132 39,901 40,411
7 Excess reserve balances at Reserve Banks7 1,849r 1,220r 2,391r 1,737r 1,439r 1,674r 1,823 1,417r 4,622 2,214
8 Total borrowing at Reserve Banks 199 3,833 35,308 41,377 50,390 60,102 60,198 60,231 106,265 143,950
9 Primary 158 3,798 5,286 1,371 385 101 195 227 316 8,598
10 Secondary 0 2 0 0 0 0 0 0 1 0
11 Seasonal 41 34 21 6 5 1 4 3 7 12
12 Term auction credit n.a. n.a. 30,000 40,000 50,000 60,000 60,000 60,000 80,000 100,000
13 Primary dealer credit facility n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 23,178 35,340
14 Other credit extensions n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 2,765 0

1. Data in this table also appear in the Board's H.3 (502) weekly statistical release. Data are not break-adjusted or seasonally adjusted.   Return to table

2. Excludes required clearing balances and adjustments to compensate for float and includes other off-balance-sheet "as-of" adjustments.   Return to table

3. Vault cash eligible to satisfy reserve requirements. It includes only vault cash held by those banks and thrift institutions that are not exempt from reserve requirements. Dates refer to the maintenance periods in which the vault cash can be used to satisfy reserve requirements.   Return to table

4. All vault cash held during the lagged computation period by "bound" institutions (that is, those whose required reserves exceed their vault cash) plus the amount of vault cash applied during the maintenance period by "nonbound" institutions (that is, those whose vault cash exceeds their required reserves) to satisfy current reserve requirements.   Return to table

5. Total vault cash (line 2) less applied vault cash (line 3).   Return to table

6. Reserve balances with Federal Reserve Banks (line 1) plus applied vault cash (line 3).   Return to table

7. Total reserves (line 5) less required reserves (line 6).   Return to table

Statistical Supplement | June 2008 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: July 31, 2008