Effective Federal Funds Rate: 99th Percentile (EFFR99)

Observations

2026-04-16: 3.68
Updated: Apr 17, 2026 8:02 AM CDT
Next Release Date: Apr 20, 2026
2026-04-16:  3.68  
2026-04-15:  3.68  
2026-04-14:  3.68  
2026-04-13:  3.68  
2026-04-10:  3.66  
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Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily

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Notes

Source: Federal Reserve Bank of New York  

Release: Federal Funds Data  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Daily

Notes:

The federal funds market consists of domestic unsecured borrowings in U.S. dollars by depository institutions from other depository institutions and certain other entities, primarily government-sponsored enterprises.

The effective federal funds rate (EFFR) is calculated as a volume-weighted median of overnight federal funds transactions reported in the FR 2420 Report of Selected Money Market Rates.

For more information, see https://www.newyorkfed.org/markets/obfrinfo

Suggested Citation:

Federal Reserve Bank of New York, Effective Federal Funds Rate: 99th Percentile [EFFR99], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/EFFR99, .

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FRB Rates - discount, fed funds, primary credit Interest Rates Money, Banking, & Finance

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New York Fed Percentile Federal Daily Rate Copyrighted: Citation Required Nation United States of America Not Seasonally Adjusted

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