Excess reserves held by banks with the Federal Reserve that are traded at market rates between financial institutions and held as short-term assets by the lending bank and as short-term liabilities by the borrowing bank are called:

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Excess reserves held by banks with the Federal Reserve that are traded at market rates between financial institutions and held as short-term assets by the lending bank and as short-term liabilities by the borrowing bank are called Fed Funds Sold and Fed Funds Purchased. Pledged Deposits are deposits that are pledged as collateral for a loan, Negotiable Certificates of Deposit (CDs) are time deposits that can be bought and sold on the secondary market, and Trading Securities are securities held by a company for the purpose of selling them in the short-term to make a profit.

Excess Reserves Held by Banks with the Federal Reserve That