The BIF Reserve Ratio declined last quarter

Quarter  BIF Reserve Ratio
December, 2001 1.26%
March, 2002 1.23%
June, 2002 1.25%
September, 2002 1.25%
December, 2002 1.27%
March, 2003 1.28%
June, 2003 1.28%
September, 2003 1.32%
December, 2003 1.32%
March, 2004 1.32%
June, 2004 1.31%
September, 2004 1.32%
December, 2004 1.30%
March, 2005 1.28%
June, 2005 1.26%