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Home > Releases > H.3 Aggregate Reserves of Depository Institutions and the Monetary Base > Excess Reserves Plus Required Clearing Balance Contracts of Depository Institutions (DISCONTINUED SERIES) (XRCB)

Excess Reserves Plus Required Clearing Balance Contracts of Depository Institutions (DISCONTINUED SERIES) (XRCB)

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  Real-Time Period
Title Start     End     

Excess Reserves Plus Required Clearing Balance Contracts of Depository Institutions (DISCONTINUED SERIES) 2013-06-13 Current
 
Source    

Board of Governors of the Federal Reserve System 2013-06-13 Current
 
Release    

H.3 Aggregate Reserves of Depository Institutions and the Monetary Base 2013-06-13 Current
 
Units    

Billions of Dollars 2013-06-13 Current
 
Frequency    

Monthly 2013-06-13 Current
 
Seasonal Adjustment    

Not Seasonally Adjusted 2013-06-13 Current
 
Notes    

The series is calculated by the Federal Reserve Bank of St.Louis using data derived from the H.3 and H.4.1. releases.

This series has been discontinued with a phase of the simplification of reserves administration (http://www.frbservices.org/centralbank/reservescentral/reserves_administration_resource_center.html). Contractual clearing balance program was eliminated on July 12, 2012.
Nevertheless, to get at the historical concept of Excess reserves using the new H.3 statistical release, take Total reserve balances maintained less Reserve balance requirements. Alternatively, one can view excess as the amount of balances maintained that satisfy the minimum requirements, which can be calculated by taking Total reserve balances maintained less Bottom of penalty-free band.

2013-06-13 Current
 

Related Categories

Money, Banking, & Finance > Monetary Data > Reserves


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