FRED Graph

Notes

Interest Rate on Excess Reserves (IOER Rate) (DISCONTINUED) (IOER)

Source: Board of Governors of the Federal Reserve System (US)

Release: Interest Rate on Reserve Balances

Units: Percent, Not Seasonally Adjusted

Frequency: Daily, 7-Day

Notes:

Starting July 29, 2021, the interest rate on excess reserves (IOER) and the interest rate on required reserves (IORR) were replaced with a single rate, the interest rate on reserve balances (IORB). See the source's announcement for more details.

The interest rate on excess reserves (IOER rate) is determined by the Board of Governors and gives the Federal Reserve an additional tool to conduct monetary policy.

See Policy Tools for more information.

For questions on FRED functionality, please contact us here.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Interest Rate on Excess Reserves (IOER Rate) (DISCONTINUED) [IOER], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IOER, .

4-Week Treasury Bill Secondary Market Rate, Discount Basis (DTB4WK)

Source: Board of Governors of the Federal Reserve System (US)

Release: H.15 Selected Interest Rates

Units: Percent, Not Seasonally Adjusted

Frequency: Daily

Notes:

Discount basis.

For questions on the data, please contact the data source. For questions on FRED functionality, please contact us here.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), 4-Week Treasury Bill Secondary Market Rate, Discount Basis [DTB4WK], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DTB4WK, .

3-Month Treasury Bill Secondary Market Rate, Discount Basis (WTB3MS)

Source: Board of Governors of the Federal Reserve System (US)

Release: H.15 Selected Interest Rates

Units: Percent, Not Seasonally Adjusted

Frequency: Weekly, Ending Friday

Notes:

Averages of Business Days, Discount Basis

For questions on the data, please contact the data source. For questions on FRED functionality, please contact us here.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), 3-Month Treasury Bill Secondary Market Rate, Discount Basis [WTB3MS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/WTB3MS, .

1-Year Treasury Bill Secondary Market Rate, Discount Basis (WTB1YR)

Source: Board of Governors of the Federal Reserve System (US)

Release: H.15 Selected Interest Rates

Units: Percent, Not Seasonally Adjusted

Frequency: Weekly, Ending Friday

Notes:

Averages of Business Days, Discount Basis

For questions on the data, please contact the data source. For questions on FRED functionality, please contact us here.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), 1-Year Treasury Bill Secondary Market Rate, Discount Basis [WTB1YR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/WTB1YR, .