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Statistical Supplement | November 2008

Statistical Supplement to the Federal Reserve Bulletin, November 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 Feb Mar Apr May June July Aug
1 Reserve balances with Reserve Banks2 10,047 8,480 8,179 8,147 9,754 9,254 9,688 9,181 9,343 9,430
2 Total vault cash3 51,314 50,897 52,161 53,651 50,446 49,315 48,576 49,333 49,225 50,142
3 Applied vault cash4 35,337 34,803 34,522 34,631 32,952 34,252 35,423 34,752 34,781 34,704
4 Surplus vault cash5 15,977 16,094 17,639 19,021 17,494 15,063 13,153 14,581 14,444 15,438
5 Total reserves6 45,384 43,283 42,701 42,778 42,706 43,506 45,111 43,933 44,124 44,134
6 Required reserves 43,483 41,420 40,932 41,053 39,728 41,661 43,100 41,660 42,147 42,146
7 Excess reserve balances at Reserve Banks7 1,900 1,863 1,769 1,724 2,978 1,844 2,011 2,272 1,977 1,988
8 Total borrowing at Reserve Banks 169 191 15,430 60,157 94,523 135,410 155,780 171,278 165,664 168,078
9 Primary 97 111 3,787 155 1,617 9,624 14,076 14,225 15,204 17,980
10 Secondary 0 0 1 0 0 0 0 70 107 1
11 Seasonal 72 80 30 3 6 21 47 75 98 97
12 Term auction credit n.a. n.a. 11,613 60,000 75,484 100,000 127,419 150,000 150,000 150,000
13 Primary dealer credit facility n.a. n.a. n.a. n.a. 16,168 25,764 14,238 6,908 255 0
14 Other credit extensions n.a. n.a. n.a. n.a. 1,249 0 0 0 0 0
 Biweekly averages of daily figures for two-week periods ending on dates indicated
2008
May 7 May 21 June 4 June 18 July 2 July 16 July 30 Aug 13 Aug 27 Sept 10
1 Reserve balances with Reserve Banks2 9,628 8,995 10,702 7,998 10,053 8,657 9,944 9,135 9,705 9,429
2 Total vault cash3 48,939 48,923 47,837 48,530 50,769 48,968 49,124 51,141 49,474 49,230
3 Applied vault cash4 35,406 34,826 36,270 32,598 36,760 32,761 36,655 32,870 36,399 34,735
4 Surplus vault cash5 13,533 14,097 11,568 15,933 14,009 16,207 12,469 18,272 13,076 14,496
5 Total reserves6 45,034 43,821 46,972 40,596 46,813 41,418 46,599 42,004 46,104 44,163
6 Required reserves 43,141 41,927 44,716 38,942 43,813 39,616 44,583 40,157 44,062 41,908
7 Excess reserve balances at Reserve Banks7 1,893 1,894 2,256 1,653 3,000 1,801 2,016 1,847 2,041 2,255
8 Total borrowing at Reserve Banks 129,196 154,418 176,297r 171,945 168,827 163,658 167,077 167,635 168,090 169,481
9 Primary 11,622 13,976 15,936 13,260 14,782 13,386 16,917 17,535 17,991 19,386
10 Secondary 0 1 1 112 43 168 62 4 0 0
11 Seasonal 31 42 66 69 86 100 99 97 98 94
12 Term auction credit 100,000 125,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000
13 Primary dealer credit facility 17,544 15,401 10,295 8,505 3,917 5 2 0 0 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 | November 2008 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: November 26, 2008