Observations

May 2013: 1,863.345

Updated: Jun 14, 2013 11:46 AM CDT

Units:

Billions of Dollars,

Not Seasonally Adjusted

Frequency:

Monthly

Notes

Title	Release Dates

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

Source

Board of Governors of the Federal Reserve System (US)	2013-06-13	2013-06-13

Release

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

Units

Billions of Dollars	2013-06-13	2013-06-13

Frequency

Monthly	2013-06-13	2013-06-13

Seasonal Adjustment

Not Seasonally Adjusted	2013-06-13	2013-06-13

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 (https://federalregister.gov/a/2012-8562). 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	2013-06-13

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