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Statistical Supplement | May 2008

Statistical Supplement to the Federal Reserve Bulletin, May 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 Dec Aug Sept Oct Nov Dec Jan Feb
1 Reserve balances with Reserve Banks2 10,047 8,479 8,203 10,922 8,757 8,293 8,553 8,203 8,738 8,172
2 Total vault cash3 51,314 50,897 52,162 51,043 49,633 49,755 48,995 52,162 53,162 53,650
3 Applied vault cash4 35,337 34,803 34,527 33,645 33,479 33,212 33,342 34,527 35,325 34,657
4 Surplus vault cash5 15,977 16,094 17,635 17,398 16,154 16,543 15,653 17,635 17,837 18,993
5 Total reserves6 45,384 43,282 42,730 44,567 42,236 41,505 41,895 42,730 44,064 42,829
6 Required reserves 43,483 41,420 40,978 39,739 40,510 40,070 40,199 40,978 42,430 41,120
7 Excess reserve balances at Reserve Banks7 1,900 1,862 1,752 4,828 1,726 1,435 1,696 1,752 1,633 1,709
8 Total borrowing at Reserve Banks 169 191 15,430 975 1,567 254 366 15,430 45,660 60,157
9 Primary 97 111 3,787 701 1,345 126 315 3,787 1,137 155
10 Secondary 0 0 1 19 0 13 0 1 0 0
11 Seasonal 72 80 30 255 221 115 50 30 6 3
12 Term auction credit n.a. n.a. 11,613 n.a. n.a. n.a. n.a. 11,613 44,516 60,000
 Biweekly averages of daily figures for two-week periods ending on dates indicated
2007 2008
Nov 7 Nov 21 Dec 5 Dec 19 Jan 2 Jan 16 Jan 30 Feb 13 Feb 27 Mar 12
1 Reserve balances with Reserve Banks2 8,762 7,845 9,494 6,626 9,505 7,961 9,506 7,341 8,901 8,468
2 Total vault cash3 48,358 49,718 48,367 52,089 53,828 51,444 54,544 56,556 51,578 49,273
3 Applied vault cash4 32,590 32,726 34,886 32,072 37,242 32,043 38,456 33,624 35,986 32,074
4 Surplus vault cash5 15,769 16,992 13,482 20,017 16,586 19,402 16,088 22,932 15,592 17,200
5 Total reserves6 41,351 40,571 44,380 38,698 46,747 40,004 47,962 40,965 44,887 40,541
6 Required reserves 39,492 39,052 42,534 37,521 44,364 38,290 46,518 39,306 43,088 39,132
7 Excess reserve balances at Reserve Banks7 1,859 1,519 1,845 1,177 2,383 1,713 1,444 1,659 1,799 1,409
8 Total borrowing at Reserve Banks 264 524 199 3,833 35,308 41,377 50,390 60,102 60,198 60,231
9 Primary 191 479 158 3,798 5,286 1,371 385 101 195 227
10 Secondary 0 0 0 2 0 0 0 0 0 0
11 Seasonal 74 45 41 34 21 6 5 1 4 3
12 Term auction credit n.a. n.a. n.a. n.a. 30,000 40,000 50,000 60,000 60,000 60,000

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 | May 2008 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: July 2, 2008