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Borrowings from the Federal Reserve, Secondary (DISCONTINUED) (SECBORR)

Observation:

Aug 2020: 0 (+ more)  Updated: Sep 10, 2020 3:46 PM CDT
Aug 2020:  0  
Jul 2020:  0  
Jun 2020:  0  
May 2020:  0  
Apr 2020:  0  

Units:

Millions of Dollars,
Not Seasonally Adjusted

Frequency:

Monthly

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    
Monthly 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.

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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H.3 Reserves of Depository Institutions & Monetary Base Borrowings Secondary Discontinued Board of Governors Monthly Nation Public Domain: Citation Requested Not Seasonally Adjusted United States of America