ALFRED Graph | ALFRED | St. Louis Fed

NOTES

Title	Release Dates

Borrowings from the Federal Reserve, Secondary	2013-07-11	2020-09-09
Borrowings from the Federal Reserve, Secondary (DISCONTINUED)	2020-09-10	2020-09-10

Source

Board of Governors of the Federal Reserve System (US)	2013-07-11	2020-09-10

Release

H.3 Aggregate Reserves of Depository Institutions and the Monetary Base	2013-07-11	2020-09-10

Units

Millions of Dollars	2013-07-11	2020-09-10

Frequency

Weekly, Ending Wednesday	2013-07-11	2020-09-10

Seasonal Adjustment

Not Seasonally Adjusted	2013-07-11	2020-09-10

Notes

Secondary credit is available to depository institutions that are not eligible for primary credit. It is extended on a very short-term basis, typically overnight, at a rate that is above the primary credit rate. Secondary credit is available to meet backup liquidity needs when its use is consistent with a timely return to a reliance on market sources of funding or the orderly resolution of a troubled institution. Secondary credit may not be used to fund an expansion of the borrower's assets. The secondary credit program entails a higher level of Reserve Bank administration and oversight than the primary credit program. A Reserve Bank must have sufficient information about a borrower's financial condition and reasons for borrowing to ensure that an extension of secondary credit would be consistent with the purpose of the facility. Effective February 2, 1984, reserve computation and maintenance periods have been changed from weekly to bi-weekly. Series with data prior to February 2, 1984 have different values reported from one week to the next. After February 2, 1984, the value repeats for 2 consecutive weeks.	2013-07-11	2020-09-09
The Board of Governors discontinued the H.3 statistical release on September 17, 2020. For more information, please see the announcement (https://www.federalreserve.gov/feeds/h3.html) posted on August 20, 2020. Secondary credit is available to depository institutions that are not eligible for primary credit. It is extended on a very short-term basis, typically overnight, at a rate that is above the primary credit rate. Secondary credit is available to meet backup liquidity needs when its use is consistent with a timely return to a reliance on market sources of funding or the orderly resolution of a troubled institution. Secondary credit may not be used to fund an expansion of the borrower's assets. The secondary credit program entails a higher level of Reserve Bank administration and oversight than the primary credit program. A Reserve Bank must have sufficient information about a borrower's financial condition and reasons for borrowing to ensure that an extension of secondary credit would be consistent with the purpose of the facility. Effective February 2, 1984, reserve computation and maintenance periods have been changed from weekly to bi-weekly. Series with data prior to February 2, 1984 have different values reported from one week to the next. After February 2, 1984, the value repeats for 2 consecutive weeks.	2020-09-10	2020-09-10