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Excess Reserves of Depository Institutions (EXCSRESNW)

Observation:

2018-11-07: 1,688,190  
Updated: Nov 8, 2018

Units:

Millions of Dollars,
Not Seasonally Adjusted

Frequency:

Weekly,
Ending Wednesday
1Y | 5Y | 10Y | Max
fullscreen

NOTES

Source: Federal Reserve Bank of St. Louis  

Release: H.3 Aggregate Reserves of Depository Institutions and the Monetary Base (data not included in press release)

Units:  Millions of Dollars, Not Seasonally Adjusted

Frequency:  Weekly, Ending Wednesday

Notes:

Series is calculated using data from the H.3 release as Total reserve balances maintained (https://fred.stlouisfed.org/series/RESBALNSW) less Reserve balance requirements (https://fred.stlouisfed.org/series/RESBALREQW).

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.

Please note though that this historical concept of "excess reserves" no longer has the same meaning following phase two of the simplification of reserves administration. https://federalregister.gov/a/2012-8562

Suggested Citation:

Federal Reserve Bank of St. Louis, Excess Reserves of Depository Institutions [EXCSRESNW], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/EXCSRESNW, November 15, 2018.

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