3-Month Commercial Paper Minus Federal Funds Rate (CPFF)

Observations

2026-03-18: 0.02
Updated: Mar 19, 2026 4:03 PM CDT
Next Release Date: Mar 23, 2026
2026-03-18:  0.02  
2026-03-17:  0.09  
2026-03-16:  0.11  
2026-03-13:  .  
2026-03-12:  .  
View All

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily

Fullscreen

Notes

Source: Federal Reserve Bank of St. Louis  

Release: Interest Rate Spreads

Units:  Percent, Not Seasonally Adjusted

Frequency:  Daily

Notes:

Series is calculated as the spread between 3-Month AA Financial Commercial Paper (RIFSPPFAAD90NB) and Effective Federal Funds Rate (https://fred.stlouisfed.org/series/DFF).
Starting with the update on June 21, 2019, the Treasury bond data used in calculating interest rate spreads is obtained directly from the U.S. Treasury Department.

Suggested Citation:

Federal Reserve Bank of St. Louis, 3-Month Commercial Paper Minus Federal Funds Rate [CPFF], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CPFF, .

Release Tables

Related Data and Content

Data Suggestions Based On Your Search

Content Suggestions

Other Formats

Monthly, Not Seasonally Adjusted

Related Categories

Interest Rate Spreads Interest Rates Money, Banking, & Finance

Releases

More Series from Interest Rate Spreads

Tags

Yield Curve Commercial Paper Spread 3-Month Commercial Federal Interest Rate Interest Daily St. Louis Fed Rate Copyrighted: Citation Required Nation United States of America Not Seasonally Adjusted

Back to Top

Subscribe to the FRED newsletter

Follow us

 

Need Help?

Questions or Comments
FRED Help
Legal
Privacy Notice & Policy