Between February 27 and March 6, bank reserve balances with the Federal Reserve decreased by $9.1 billion, while Treasury deposits with the Federal Reserve increased by $33 billion.
As of March 6, 2013, bank reserves held at the Federal Reserve were $1.75 trillion.
Additional detail:
- Reverse repurchase agreements with foreign officials and international accounts decreased by $7.1 billion.
- Other nonreserve deposits, which include balances of international and multilateral organizations with accounts at the New York Fed, such as the International Monetary Fund, United Nations, International Bank for Reconstruction and Development (World Bank); the special checking account of the Exchange Stabilization Fund (where deposits from monetizing Special Drawing Rights would be placed); and balances of a few U.S. government agencies (such as Fannie Mae and Freddie Mac) decreased by $3.1 billion.