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Source: Board of Governors of the Federal Reserve System (US)
Release: H.6 Money Stock Measures
Units: Billions of Dollars, Not Seasonally Adjusted
Frequency: Monthly
The Board of Governors consolidated this series onto the Statistical Release H.6, "Money Stock Measures", after the H.3 statistical release was discontinued. For more information on the consolidated H.6 release, see the H.6 Technical Q&As.
This series is a sum of total reserve balances maintained plus vault cash used to satisfy required reserves.
Board of Governors of the Federal Reserve System (US), Reserves of Depository Institutions: Total [TOTRESNS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/TOTRESNS, December 8, 2023.
Source: Federal Reserve Bank of New York
Release: Temporary Open Market Operations
Units: Billions of US Dollars, Not Seasonally Adjusted
Frequency: Daily
This series is constructed as the aggregated daily amount value of the RRP transactions reported by the New York Fed as part of the Temporary Open Market Operations.
Temporary open market operations involve short-term repurchase and reverse repurchase agreements that are designed to temporarily add or drain reserves available to the banking system and influence day-to-day trading in the federal funds market.
A reverse repurchase agreement (known as reverse repo or RRP) is a transaction in which the New York Fed under the authorization and direction of the Federal Open Market Committee sells a security to an eligible counterparty with an agreement to repurchase that same security at a specified price at a specific time in the future. For these transactions, eligible securities are U.S. Treasury instruments, federal agency debt and the mortgage-backed securities issued or fully guaranteed by federal agencies.
For more information, see https://www.newyorkfed.org/markets/rrp_faq.html
Federal Reserve Bank of New York, Overnight Reverse Repurchase Agreements: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations [RRPONTSYD], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RRPONTSYD, December 8, 2023.