WASHINGTON — Borrowing by financial institutions fell in February, the Federal Reserve said in a monthly report Friday.

Lending to depository and other financial institutions as of Feb. 24 fell by $24 billion, to $30 billion as the economy recovers.

Friday's report said the Fed held $2.29 trillion in assets as of Feb. 24, up $40 billion from the previous report. Mortgage-backed securities climbed; the Fed is buying the securities to help the economy.

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