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Overnight Bank Funding Volume (OBFRVOL)


2019-05-23: 169  
Updated: May 24, 2019


Billions of U.S. Dollars,
Not Seasonally Adjusted


1Y | 5Y | 10Y | Max


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

Suggested Citation:

Federal Reserve Bank of New York, Overnight Bank Funding Volume [OBFRVOL], retrieved from FRED, Federal Reserve Bank of St. Louis;, May 26, 2019.


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