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Statistical Supplement | October 2008

Statistical Supplement to the Federal Reserve Bulletin, October 2008
1.12  Reserves and Borrowings, Depository Institutions1
Millions of dollars
Reserve classification Prorated monthly averages of biweekly averages
2005 2006 2007 2008
Dec Dec Dec Janr Febr Marr Aprr May Juner July
1 Reserve balances with Reserve Banks2 10,047 8,480 8,179r 8,715 8,147 9,754 9,254 9,688 9,181 9,343
2 Total vault cash3 51,314 50,897 52,161 53,163 53,651 50,446 49,315 48,576r 49,333 49,225
3 Applied vault cash4 35,337 34,803 34,522r 35,349 34,631 32,952 34,252 35,423r 34,752 34,781
4 Surplus vault cash5 15,977 16,094 17,639r 17,813 19,021 17,494 15,063 13,153r 14,581 14,444
5 Total reserves6 45,384 43,283 42,701r 44,065 42,778 42,706 43,506 45,111r 43,933 44,124
6 Required reserves 43,483 41,420 40,932r 42,424 41,053 39,728 41,661 43,100r 41,660 42,147
7 Excess reserve balances at Reserve Banks7 1,900 1,863 1,769r 1,640 1,724 2,978 1,844 2,011r 2,272 1,977
8 Total borrowing at Reserve Banks 169 191 15,430 45,660 60,157 94,523 135,410 155,780 171,278 165,664
9 Primary 97 111 3,787 1,137 155 1,617 9,624 14,076 14,225 15,204
10 Secondary 0 0 1 0 0 0 0 0 70 107
11 Seasonal 72 80 30 6 3 6 21 47 75 98
12 Term auction credit n.a. n.a. 11,613 44,516 60,000 75,484 100,000 127,419 150,000 150,000
13 Primary dealer credit facility n.a. n.a. n.a. n.a. n.a. 16,168 25,764 14,238 6,908 255
14 Other credit extensions n.a. n.a. n.a. n.a. n.a. 1,249 0 0 0 0
 Biweekly averages of daily figures for two-week periods ending on dates indicated
2008
Apr 9r Apr 23 May 7r May 21r June 4r June 18r July 2 July 16 July 30 Aug 13
1 Reserve balances with Reserve Banks2 9,584 8,855r 9,628 8,995 10,702 7,998 10,053 8,657 9,944 9,135
2 Total vault cash3 49,526 49,367 48,939 48,923 47,837 48,530 50,769r 48,968 49,124 51,141
3 Applied vault cash4 33,073 34,433r 35,406 34,826 36,270 32,598 36,760r 32,761 36,655 32,870
4 Surplus vault cash5 16,453 14,934r 13,533 14,097 11,568 15,933 14,009r 16,207 12,469 18,272
5 Total reserves6 42,657 43,288r 45,034 43,821 46,972 40,596 46,813r 41,418 46,599 42,004
6 Required reserves 40,516 41,658r 43,141 41,927 44,716 38,942 43,813r 39,616 44,583 40,157
7 Excess reserve balances at Reserve Banks7 2,141 1,629r 1,893 1,894 2,256 1,653 3,000r 1,801 2,016 1,847
8 Total borrowing at Reserve Banks 143,950 133,027 129,196 154,418 176,296 171,945 168,827 163,658 167,077 167,635
9 Primary 8,598 9,286 11,622 13,976 15,936 13,260 14,782 13,386 16,917 17,535
10 Secondary 0 0 0 1 1 112 43 168 62 4
11 Seasonal 12 22 31 42 66 69 86 100 99 97
12 Term auction credit 100,000 100,000 100,000 125,000 150,000 150,000 150,000 150,000 150,000 150,000
13 Primary dealer credit facility 35,340 23,719 17,544 15,401 10,295 8,505 3,917 5 2 0
14 Other credit extensions 0 0 0 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 | October 2008 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: October 31, 2008