TED Spread (DISCONTINUED)

Observations

2022-01-21: 0.09

Updated: Jan 28, 2022 4:01 PM CST

2022-01-21:	0.09
2022-01-20:	0.08
2022-01-19:	0.09
2022-01-18:	0.08
2022-01-17:	.

Units:

Percent,

Not Seasonally Adjusted

Frequency:

Daily

Notes

Title	Release Dates

TED Spread	2014-01-27	2022-01-27
TED Spread (DISCONTINUED)	2022-01-28	2022-01-28

Source

Federal Reserve Bank of St. Louis	2014-01-27	2022-01-28

Release

Interest Rate Spreads	2014-01-27	2022-01-28

Units

Percent	2014-01-27	2022-01-28

Frequency

Daily	2014-01-27	2022-01-28

Seasonal Adjustment

Not Seasonally Adjusted	2014-01-27	2022-01-28

Notes

Series is calculated as the spread between 3-Month LIBOR based on US dollars (https://fred.stlouisfed.org/series/USD3MTD156N) and 3-Month Treasury Bill (https://fred.stlouisfed.org/series/DTB3). The series is lagged by one week because the LIBOR series is lagged by one week due to an agreement with the source.	2014-01-27	2019-06-20
Series is calculated as the spread between 3-Month LIBOR based on US dollars (https://fred.stlouisfed.org/series/USD3MTD156N) and 3-Month Treasury Bill (https://fred.stlouisfed.org/series/DTB3). The series is lagged by one week because the LIBOR series is lagged by one week due to an agreement with the source. 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	2022-01-27
Series is calculated as the spread between 3-Month LIBOR based on US dollars (USD3MTD156N) and 3-Month Treasury Bill (DTB3 (https://fred.stlouisfed.org/series/DTB3)). 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). The 3-Month LIBOR based on US Dollars has been removed from FRED (https://news.research.stlouisfed.org/2022/01/ice-benchmark-administration-ltd-iba-data-to-be-removed-from-fred/) as of January 31, 2022, so this calculated series has been discontinued and will no longer be updated. Users interested in calculating a similar credit risk can use the Secured Overnight Financing Rate (SOFR), which has been identified as the rate that represents best practice for use in certain new U.S. Dollar derivatives and other financial contracts. For more details, see the article Transition from LIBOR (https://www.newyorkfed.org/arrc/sofr-transition) from the Alternative Reference Rates Committee (AARC).	2022-01-28	2022-01-28