Skip to main content

Overnight Bank Funding Rate: 99th Percentile (OBFR99)

Observation:

2018-04-20: 1.80  
Updated: 8:01 AM CDT

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily
1Y | 5Y | 10Y | Max
Close
  EDIT LINE 1
(a) Overnight Bank Funding Rate: 99th Percentile, Percent, Not Seasonally Adjusted (OBFR99)
The overnight bank funding rate is calculated using federal funds transactions and certain Eurodollar transactions. 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, while the Eurodollar market consists of unsecured U.S. dollar deposits held at banks or bank branches outside of the United States. U.S.-based banks can also take Eurodollar deposits domestically through international banking facilities (IBFs). The overnight bank funding rate (OBFR) is calculated as a volume-weighted median of overnight federal funds transactions and Eurodollar transactions reported in the FR 2420 Report of Selected Money Market Rates. For more information, see https://www.newyorkfed.org/markets/obfrinfo

Overnight Bank Funding Rate: 99th Percentile

Select a date that will equal 100 for your custom index:
to

Customize data:

Write a custom formula to transform one or more series or combine two or more series.

You can begin by adding a series to combine with your existing series.

Now create a custom formula to combine or transform the series.
Need help? []

Finally, you can change the units of your new series.

Select a date that will equal 100 for your custom index:

ADD LINE

Add data series to graph:

Create user-defined line? []
FORMAT GRAPH
Log scale:

fullscreen
Shaded areas indicate U.S. recessions
fred.stlouisfed.org



NOTES

Source: Federal Reserve Bank of New York  

Release: Overnight Bank Funding Rate Data  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Daily

Notes:

The overnight bank funding rate is calculated using federal funds transactions and certain Eurodollar transactions. 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, while the Eurodollar market consists of unsecured U.S. dollar deposits held at banks or bank branches outside of the United States. U.S.-based banks can also take Eurodollar deposits domestically through international banking facilities (IBFs). The overnight bank funding rate (OBFR) is calculated as a volume-weighted median of overnight federal funds transactions and Eurodollar 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, Overnight Bank Funding Rate: 99th Percentile [OBFR99], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/OBFR99, April 23, 2018.

RELATED CONTENT

Related Resources

Related Categories

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

Sources

More Releases from Federal Reserve Bank of New York

Releases

More Series from Overnight Bank Funding Rate Data

Tags

New York Fed Overnight Daily Banks Depository Institutions Rate United States of America Not Seasonally Adjusted Nation
RELEASE TABLES





Browse Data

Retrieving data.
Updating graph.

Need Help?

Questions or Comments
FRED Help

Subscribe to the FRED newsletter

Follow us

Twitter logo Google Plus logo Facebook logo YouTube logo LinkedIn logo
Back to Top
Click to send us feedback
Top