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Overnight Bank Funding Rate (OBFR)
Observation:
20180215: 1.42 (+ more)Updated: Feb 16, 2018
20180215:  1.42  
20180214:  1.42  
20180213:  1.42  
20180212:  1.42  
20180209:  1.42 
Units:
Percent,Not Seasonally Adjusted
Frequency:
DailyVolumeweighted median is the rate associated with transactions at the 50th percentile of transaction volume. Specifically, the volumeweighted median rate is calculated by ordering the transactions from lowest to highest rate, taking the cumulative sum of volumes of these transactions, and identifying the rate associated with the trades at the 50th percentile of dollar volume. The published rates are the volumeweighted median transacted rate, rounded to the nearest basis point.
For more information, see https://www.newyorkfed.org/markets/obfrinfo
Overnight Bank Funding Rate
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Volumeweighted median is the rate associated with transactions at the 50th percentile of transaction volume. Specifically, the volumeweighted median rate is calculated by ordering the transactions from lowest to highest rate, taking the cumulative sum of volumes of these transactions, and identifying the rate associated with the trades at the 50th percentile of dollar volume. The published rates are the volumeweighted median transacted rate, rounded to the nearest basis point.
For more information, see https://www.newyorkfed.org/markets/obfrinfo
Overnight Bank Funding Rate
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? []
For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a  b.
Use the assigned data series variables (a, b, c, etc.) together with operators (+, , *, /, ^, etc.), parentheses {(,)}, and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, ab, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.
Finally, you can change the units of your new series.
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Title  Release Dates  


Overnight Bank Funding Rate  20160302  20180216 
Source  


Federal Reserve Bank of New York  20160302  20180216 
Release  


Overnight Bank Funding Rate Data  20160302  20180216 
Units  


Percent  20160302  20180216 
Frequency  


Daily  20160302  20180216 
Seasonal Adjustment  


Not Seasonally Adjusted  20160302  20180216 
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 governmentsponsored 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 volumeweighted median of overnight federal funds transactions and Eurodollar transactions reported in the FR 2420 Report of Selected Money Market Rates. Volumeweighted median is the rate associated with transactions at the 50th percentile of transaction volume. Specifically, the volumeweighted median rate is calculated by ordering the transactions from lowest to highest rate, taking the cumulative sum of volumes of these transactions, and identifying the rate associated with the trades at the 50th percentile of dollar volume. The published rates are the volumeweighted median transacted rate, rounded to the nearest basis point. For more information, see https://www.newyorkfed.org/markets/obfrinfo 
20160302  20180216 
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