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Effective Federal Funds Rate: 99th Percentile (EFFR99)

Observations

2026-08-28: 3.65
Updated: Aug 31, 2026 8:02 AM CDT
2026-08-28:  3.65  
2026-08-27:  3.66  
2026-08-26:  3.65  
2026-08-25:  3.69  
2026-08-24:  3.69  

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily

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Notes

Title Release Dates
Effective Federal Funds Rate: 99th Percentile 2016-03-02 2026-08-31
 
Source    
Federal Reserve Bank of New York 2016-03-02 2026-08-31
 
Release    
Federal Funds Data 2016-03-02 2026-08-31
 
Units    
Percent 2016-03-02 2026-08-31
 
Frequency    
Daily 2016-03-02 2026-08-31
 
Seasonal Adjustment    
Not Seasonally Adjusted 2016-03-02 2026-08-31
 
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

2016-03-02 2026-08-31

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