Net Free or Borrowed Reserves of Depository Institutions (Graph, 1015)

H.3 Aggregate Reserves of Depository Institutions and the Monetary Base

All American Investor

Prior to 2003-01-01, the data are calculated as excess reserves minus total borrowings plus extended borrowings. From 2003-01-01 till 2007-11-01, the observations reflect excess reserves minus total borrowings plus secondary borrowings. From 2007-12-01, the definition changes to excess reserves minus discount window borrowings plus secondary borrowings.



Original content Bob DeMarco, All American Investor