1. Or has heard of lending and borrowing of excess reserves at LIBOR? 2. On March 20, 2013, excess reserves stood at $ 1.76 trillion. 3. Large amounts of excess reserves currently exist in the banking system, 4. Any excess reserve we have is because of the income tax, 5. In the first week, the reported excess reserves every day. 6. Any amount of reserves over and above those required by law are known as excess reserves . 7. If reserves get to the point where we feel we have excess reserves , we lower our premiums. 8. The Fed's lending activities have indeed resulted in a large increase in the excess reserves held by banks. 9. In banking, "'excess reserves "'are bank reserves in excess of a reserve requirement set by a central bank. 10. Commercial banks can freely withdraw in cash any excess reserves from their reserve account at the Federal Reserve.
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