Home > FRED® Economic Data > Categories > Money, Banking, & Finance > Monetary Data > Reserves
Net Free or Borrowed Reserves of Depository Institutions (NFORBRES)
| Series ID: | NFORBRES |
| Source(s): |
Board of Governors of the Federal Reserve System
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| Release: |
H.3 Aggregate Reserves of Depository Institutions and the Monetary Base
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| Units: | Billions of Dollars |
| Frequency: | Monthly |
Seasonal Adjustment: | Not Seasonally Adjusted |
Observation Range: |
1959-01 to 2011-12 |
| Updated: | 2012-01-27 10:16 AM CST |
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Notes:
The series is calculated by the Federal Reserve Bank of St.Louis.
Prior to 2003-01-01, the data are calculated as excess reserves minus total borrowings plus extended borrowings. From 2003-01-01 till 2007-11-01, the observations reflect excess reserves minus total borrowings plus secondary borrowings. From 2007-12-01, the definition changes to excess reserves minus discount window borrowings plus secondary borrowings. Please, check the latest definition of the discount window borrowings at http://research.stlouisfed.org/fred2/series/DISCBORR.
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