seqlense logo

Search Document

Document detail

h3.pdf

Here are the key points summarized in English:

Aggregate Reserves of Depository Institutions and Monetary Base

Key Points:

  1. Borrowings from the Federal Reserve: The amount borrowed by depository institutions from the Federal Reserve, including primary, secondary, seasonal, and other credit extensions.
  2. Nonborrowed Reserves: The amount of reserves held by depository institutions that are not borrowed from the Federal Reserve.
  3. Total Reserves: The sum of nonborrowed reserves and borrowings from the Federal Reserve.

Important Notes:

  1. As of March 26, 2020, reserve requirement ratios on net transaction accounts were reduced to 0%, making required reserves and vault cash used to satisfy required reserves zero.
  2. The data is not seasonally adjusted and includes prorated averages of biweekly averages and averages of daily figures.

Let me know if you'd like me to highlight any specific sections or provide further clarification!

Published: · Source: FED

Need more info or need a demo?

Although we are a tech company, we pride ourselves on being traditional and committed to a personal approach. We visit our clients to present our solutions or send brochures directly to you. Please write to us at [email protected] with your availability and contact details.

We're on a mission to unburden compliance teams from the complexities and workload in the domain of bank, insurance, and crypto compliance. This is achieved by helping them navigate through the vast amount of documents issued by regulators.