A period of time over which actual reserves (of a depository institution) held at a central bank (e.g. the Fed) have to comply with or exceed the required reserve target. The requirement for any maintenance period is usually computed as the reserve requirement for the computation period minus the vault cash held for the same period (typically 14 days). The reserve maintenance period begins 30 days after the start of the computation period (which is 2 weeks). Banks may make last-minute adjustments to make sure that their reserves meet their respective requirements imposed by the central bank.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Comments