Historically, most of the notes that the Board orders each year replace unfit currency that Reserve Banks receive from circulation. The print order is determined, by denomination, based on historical payments to and receipts from circulation, destruction rates, and also to build inventories of new-design notes before issuance. The 7.8 billion notes included in the FY 2013 order reflect the Board’s estimate of net demand for currency from domestic and international customers. Additional information regarding this revision may be found here. 1 On April 9, 2013, the Board approved a revision to its FY 2013 order. Treasury Department’s Bureau of Engraving and Printing (BEP) on July 24, 2012. The Board of Governors (the Board), as the issuing authority for Federal Reserve notes, approved and submitted its fiscal year (FY) 2013 order for 7.8 billion Federal Reserve notes, valued at $472.9 billion, to the U.S. Factors Affecting Reserve Balances - H.4.1.Industrial Production and Capacity Utilization - G.17.Survey of Household Economics and Decisionmaking.Household Debt Service and Financial Obligations Ratios.Financial Accounts of the United States - Z.1.Statistics Reported by Banks and Other Financial Firms in the United States.Senior Credit Officer Opinion Survey on Dealer Financing Terms.
New Security Issues, State and Local Governments.Senior Loan Officer Opinion Survey on Bank Lending Practices.Charge-Off and Delinquency Rates on Loans and Leases at Commercial Banks.Assets and Liabilities of Commercial Banks in the U.S.Aggregate Reserves of Depository Institutions and the Monetary Base - H.3.Payments System Policy Advisory Committee.International Standards for Financial Market Infrastructures.Supervision & Oversight of Financial Market Infrastructures.Sponsorship for Priority Telecommunication Servicesįinancial Market Utilities & Infrastructures.Federal Reserve's Key Policies for the Provision of Financial Services.Regulation HH (Financial Market Utilities).Regulation II (Debit Card Interchange Fees and Routing).Regulation CC (Availability of Funds and Collection of Checks).Securities Underwriting & Dealing Subsidiaries.Enforcement Actions & Legal Developments.Federal Financial Institutions Examination Council (FFIEC)īanking Applications & Legal Developments.Federal Reserve Supervision and Regulation Report.Community & Regional Financial Institutions.
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