NOTES
| Title | Release Dates | |
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|
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| 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 | ||
|
|
||
| Monthly | 2013-07-11 | 2020-09-10 |
| Seasonal Adjustment | ||
|
|
||
| Not Seasonally Adjusted | 2013-07-11 | 2020-09-10 |
| Notes | ||
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|
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.
|
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. |
2020-09-10 | 2020-09-10 |
RELEASE TABLES
H.3 Aggregate Reserves of Depository Institutions and the Monetary Base
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