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Borrowings from the Federal Reserve, Secondary (SECBORRW)

Observation:

2016-11-23: 0  
Updated: Nov 25, 2016

Units:

Millions of Dollars,
Not Seasonally Adjusted

Frequency:

Weekly,
Ending Wednesday
1Y | 5Y | 10Y | Max
  EDIT BAR 1
(a) Borrowings from the Federal Reserve, Secondary, Millions of Dollars, Not Seasonally Adjusted (SECBORRW)
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.

Borrowings from the Federal Reserve, Secondary

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  EDIT BAR 2
(a) Borrowings from the Federal Reserve, Secondary, Millions of Dollars, Not Seasonally Adjusted (SECBORRW)
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.

Borrowings from the Federal Reserve, Secondary

Select a date that will equal 100 for your custom index:
to

Customize data:

Write a custom formula to transform one or more series or combine two or more series.

You can begin by adding a series to combine with your existing series.

Now create a custom formula to combine or transform the series.
Need help? []

Finally, you can change the units of your new series.

Select a date that will equal 100 for your custom index:

ADD BAR

Add data series to graph:

FORMAT GRAPH
Log scale:



NOTES
Title Release Dates

2013-07-11 2016-11-25
 
Source    

2013-07-11 2016-11-25
 
Release    

2013-07-11 2016-11-25
 
Units    

2013-07-11 2016-11-25
 
Frequency    

2013-07-11 2016-11-25
 
Seasonal Adjustment    

2013-07-11 2016-11-25
 
Notes    

2013-07-11 2016-11-25
RELEASE TABLES

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






Retrieving data.
Updating graph.

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