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Statistical Supplement | September 2008

Statistical Supplement to the Federal Reserve Bulletin, September 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 Dec Jan Feb Mar Apr May June
1 Reserve balances with Reserve Banks2 10,047 8,480 8,200 8,200 8,724 8,159 9,759 9,257 9,688 9,180
2 Total vault cash3 51,314 50,897 52,161 52,161 53,162 53,650 50,445 49,314 48,579 49,339
3 Applied vault cash4 35,337 34,803 34,521 34,521 35,329 34,597 32,919 34,220 35,445 34,790
4 Surplus vault cash5 15,977 16,094 17,640 17,640 17,833 19,053 17,526 15,094 13,134 14,549
5 Total reserves6 45,384 43,283 42,721 42,721 44,053 42,756 42,678 43,477 45,133 43,970
6 Required reserves 43,483 41,420 40,946 40,946 42,410 41,027 39,685 41,550 43,026 41,584
7 Excess reserve balances at Reserve Banks7 1,900 1,863 1,775 1,775 1,643 1,728 2,993 1,927 2,106 2,386
8 Total borrowing at Reserve Banks 169 191 15,430 15,430 45,660 60,157 94,523 135,410 155,780 171,278
9 Primary 97 111 3,787 3,787 1,137 155 1,617 9,624 14,076 14,225
10 Secondary 0 0 1 1 0 0 0 0 0 70
11 Seasonal 72 80 30 30 6 3 6 21 47 75
12 Term auction credit n.a. n.a. 11,613 11,613 44,516 60,000 75,484 100,000 127,419 150,000
13 Primary dealer credit facility n.a. n.a. n.a. n.a. n.a. n.a. 16,168 25,764 14,238 6,908
14 Other credit extensions n.a. n.a. n.a. n.a. n.a. n.a. 1,249 0 0 0
 Biweekly averages of daily figures for two-week periods ending on dates indicated
2008
Feb 27 Mar 12 Mar 26 Apr 9 Apr 23 May 7 May 21 June 4 June 18 July 2
1 Reserve balances with Reserve Banks2 8,899 8,468 10,928 9,588 8,859 9,629 8,990 10,707 7,996 10,053
2 Total vault cash3 51,577 49,271 51,780 49,525 49,367 48,940 48,926 47,842 48,535 50,776
3 Applied vault cash4 35,926 32,082 33,596 33,037 34,401 35,380 34,862 36,307 32,636 36,797
4 Surplus vault cash5 15,651 17,189 18,185 16,488 14,966 13,560 14,064 11,535 15,900 13,979
5 Total reserves6 44,825 40,549 44,523 42,625 43,260 45,009 43,852 47,014 40,632 46,850
6 Required reserves 43,002 39,132 39,901 40,411 41,544 43,028 41,859 44,661 38,856 43,741
7 Excess reserve balances at Reserve Banks7 1,823 1,417 4,622 2,214 1,715 1,981 1,993 2,353 1,775 3,109
8 Total borrowing at Reserve Banks 60,198 60,231 106,265 143,950 133,027 129,196 154,418 176,296 171,945 168,827
9 Primary 195 227 316 8,598 9,286 11,622 13,976 15,936 13,260 14,782
10 Secondary 0 0 1 0 0 0 1 1 112 43
11 Seasonal 4 3 7 12 22 31 42 66 69 86
12 Term auction credit 60,000 60,000 80,000 100,000 100,000 100,000 125,000 150,000 150,000 150,000
13 Primary dealer credit facility n.a. n.a. 23,178 35,340 23,719 17,544 15,401 10,295 8,505 3,917
14 Other credit extensions n.a. n.a. 2,765 0 0 0 0 0 0 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 | September 2008 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: October 7, 2008