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Reserve Balances Required; Bottom of Penalty-Free Band (DISCONTINUED) (RESBRQBPF)

Observation:

Aug 2020: 0 (+ more)   Updated: Sep 10, 2020
Aug 2020:  0  
Jul 2020:  0  
Jun 2020:  0  
May 2020:  0  
Apr 2020:  0  
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Units:

Millions of Dollars,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Board of Governors of the Federal Reserve System (US)  

Release: H.3 Aggregate Reserves of Depository Institutions and the Monetary Base  

Units:  Millions of Dollars, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

The Board of Governors discontinued the H.3 statistical release on September 17, 2020. For more information, please see the announcement posted on August 20, 2020.

A penalty-free band is a range on both sides of the reserve balance requirement within which an institution needs to maintain its average balance over the maintenance period in order to satisfy its reserve balance requirement. The penalty-free band replaces carryover and routine penalty waivers effective with the Regulation D changes on June 27, 2013. This series equals the sum of each institution's bottom of the penalty-free band. For each institution, the bottom of the penalty-free band is equal to the institution's reserve balance requirement less an amount that is the greater of 10 percent of the institution's reserve balance requirement or $50,000.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Reserve Balances Required; Bottom of Penalty-Free Band (DISCONTINUED) [RESBRQBPF], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RESBRQBPF, March 19, 2024.

RELEASE TABLES

H.3 Aggregate Reserves of Depository Institutions and the Monetary Base

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