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FRED Adds 6 Overnight Bank Funding Series

FRED has added 6 new series of daily overnight bank funding data from the New York Fed.

The overnight bank funding rate (OBFR) is calculated as the volume-weighted median of overnight federal funds transactions and Eurodollar transactions. The volume-weighted median is the rate associated with transactions at the 50th percentile of transaction volume. Overnight bank funding volume and selected other percentiles are also available.

Posted in FRED Announcements, Research Announcements, Top Story 1