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Borrowed reserves

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Borrowed reserves
Funds borrowed from a Federal Reserve Bank by member banks to maintain the required reserve ratios.

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These estimates are captured in the Desk's allowances for excess and borrowed reserves made each period.
The supply of reserves has two components, borrowed reserves and nonborrowed reserves.
Bank reserves (millions of dollars, not seasonally adjusted) Nonborrowed reserves 61,372 -2,133 6,100 Borrowed reserves Adjustment plus seasonal 246 404 -127 Adjustment 151 25 -131 Seasonal 95 79 4 Require reserves(3) 60,451 -1,954 6,116 Excess reserves 1,167 -74 -144
 
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