Federal Reserve Economic Data: Your trusted data source since 1991

Overnight Bank Funding Volume (OBFRVOL)


2023-11-28: 250 (+ more)   Updated: 8:01 AM CST
2023-11-28:  250  
2023-11-27:  253  
2023-11-24:  252  
2023-11-23:  .  
2023-11-22:  263  
View All


Billions of U.S. Dollars,
Not Seasonally Adjusted




Source: Federal Reserve Bank of New York  

Release: Overnight Bank Funding Rate Data  

Units:  Billions of U.S. Dollars, Not Seasonally Adjusted

Frequency:  Daily


The overnight bank funding 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 Volume [OBFRVOL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/OBFRVOL, November 29, 2023.


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