Net Free or Borrowed Reserves of Depository Institutions (NFORBRES)

Source(s):	Board of Governors of the Federal Reserve System
Release:	H.3 Aggregate Reserves of Depository Institutions and the Monetary Base
Units:	Description of growth rate formulas
Frequency:	Aggregation Method:
Date Range:	to
File Format:
Seasonal Adjustment:	Not Seasonally Adjusted
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.
Updated:	2013-05-17 8:01 AM CDT

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