Home > Releases > Interest Rate Spreads > 3-Month Commercial Paper Minus Federal Funds Rate
Observation:
Jul 2024: -0.02 (+ more) Updated: Aug 1, 2024 4:01 PM CDTJul 2024: | -0.02 | |
Jun 2024: | -0.05 | |
May 2024: | 0.00 | |
Apr 2024: | 0.00 | |
Mar 2024: | -0.04 |
Units:
Percent,Frequency:
MonthlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Title | Release Dates | |
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3-Month Commercial Paper Minus Federal Funds Rate | 2014-05-16 | 2024-08-01 |
Source | ||
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Federal Reserve Bank of St. Louis | 2014-05-16 | 2024-08-01 |
Release | ||
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Interest Rate Spreads | 2014-05-16 | 2024-08-01 |
Units | ||
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Percent | 2014-05-16 | 2024-08-01 |
Frequency | ||
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Monthly | 2014-05-16 | 2024-08-01 |
Seasonal Adjustment | ||
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Not Seasonally Adjusted | 2014-05-16 | 2024-08-01 |
Notes | ||
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Series is calculated as the spread between 3-Month AA Financial Commercial Paper (https://fred.stlouisfed.org/series/CPF3M) and Effective Federal Funds Rate (https://fred.stlouisfed.org/series/FEDFUNDS).
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2014-05-16 | 2019-06-20 |
Series is calculated as the spread between 3-Month AA Financial Commercial Paper (RIFSPPFAAD90NBM) and Effective Federal Funds Rate (https://fred.stlouisfed.org/series/EFFRM). Starting with the update on June 21, 2019, the Treasury bond data used in calculating interest rate spreads is obtained directly from the U.S. Treasury Department (https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield). |
2019-06-21 | 2024-08-01 |