Federal Reserve Economic Data

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

2025-03-28: -0.03
Updated: Mar 31, 2025 4:02 PM CDT
2025-03-28:  -0.03  
2025-03-27:  -0.05  
2025-03-26:  .  
2025-03-25:  0.02  
2025-03-24:  -0.03  
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Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily
1Y5Y10YMax
to
Date:
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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, April 1, 2025.

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