FRED has added 2 additional series: the AMERIBOR® Term-30 and Term-90 derived interest rate indexes from the American Financial Exchange (AFX).

AMERIBOR® (American Interbank Offered Rate) is a transparent benchmark interest rate based on overnight unsecured loans transacted on the American Financial Exchange (AFX). The AMERIBOR® Term-30 and Term-90 indexes are designed to capture wholesale funding costs for American financial institutions over a 30-day and 90-day period, respectively, at a specific moment in time. These forward-looking short-term interest rates are calculated using a broad dataset of real-world primary issuances of wholesale commercial deposits and commercial paper of U.S.-domiciled financial institutions of every size. These indexes are also designed to be a transparent and representative short-term LIBOR alternative.

FRED has added 9 new benchmark interest rates: the Unsecured Overnight AMERIBOR® Interest Rate, AMERIBOR® Term Structure Interest Rates, and the 30- and 90-day AMERIBOR® Overnight Average Rates from the American Financial Exchange (AFX).

AMERIBOR® (American Interbank Offered Rate) is a transparent benchmark interest rate based on overnight unsecured loans transacted on the American Financial Exchange (AFX). The arbitrage-free AMERIBOR® Term Structure of Interest Rates is derived from the Overnight Unsecured AMERIBOR® Interest Rate and the implied AMERIBOR® forward rates from the AMERIBOR® futures prices.

AMERIBOR® reflects the actual borrowing costs of thousands of small, medium, and regional banks across America. AMERIBOR® is also useful for larger banks and financial institutions that do business with these banks, as well as small and middle-market companies.

FRED has added 30 new series to the G.20 Finance Companies release from the Board of Governors of the Federal Reserve System. Most of these series are aggregates of current FRED series, combining owned and securitized data. For example, the two series in the graph above combine leases owned and leases securitized into the aggregate series of leases owned and securitized for both consumer motor vehicle loans and business motor vehicle loans.

FRED has added 52 series on the Zillow Home Value Index, or ZHVI, from Zillow. The ZHVI is Zillow’s flagship measure of both the typical home value and housing market appreciation currently and over time. For more information, refer to the ZHVI user guide or Zillow’s deep dive post about the ZHVI methodology.

On January 31, 2022, FRED will no longer include data from ICE Benchmark Administration Limited (IBA).

All series from the datasets below will be deleted from the FRED database, Excel Add-in, Mobile applications, APIs, and all other FRED services.

• ICE Libor Rates
• ICE Swap Rates
• LMBA Gold Price: Daily Prices
• LMBA Silver Price: Daily Prices

Custom links to these series or custom graphs that contain these series may be broken or may return unexpected results. We apologize for this inconvenience and hope you continue to find value in our free data services.

FRED has added 7 series on the Euro Short-Term Rate, or €STR, from the European Central Bank. The Euro Short-Term Rate series are meant to replace EONIA, which is discontinued as of 01/03/2022. The Euro Short-Term Rate series provide information about the wholesale euro unsecured overnight borrowing costs of banks located in the euro area. For further information, refer to this overview of €STR.

The widely used London Interbank Offered Rate (LIBOR) benchmarks are being phased out; in response, FRED will discontinue several related series.

Currently, LIBOR benchmarks are produced by surveying a panel of large international banks on unsecured borrowing rates experienced in wholesale markets. LIBOR benchmarks are provided across seven tenors (overnight/spot next, one week, one month, two months, three months, six months, and 12 months) for five major currencies (USD, GBP, EUR, CHF, and JPY). The average of respondent rates with these tenors and currencies constitute the 35 LIBOR benchmark series.

The current family of benchmarks are being discontinued in favor of alternatives to minimize the potential for manipulation, respond to the decreased liquidity in interbank markets, and use observable transactions where possible. The administrator of the LIBOR benchmarks, ICE Benchmark Administration Limited (IBA), has announced transition guidance. Specifically, the following changes are scheduled for the next few years:

• All Swiss franc and euro LIBOR settings will cease December 31, 2021.
• The overnight, one-week, two-month, and 12-month Japanese yen and British sterling settings will cease December 31, 2021. However, a synthetic methodology will be available through 2022 for the one-month, three-month, and six-month tenors. This methodology will add spread adjustments to the ICE Term SONIA Reference Rate and the Tokyo Term Risk Free Rate for the British sterling and Japanese yen, respectively.
• The one-week and two-month U.S. dollar settings will cease December 31, 2021. The overnight, one-month, three-month, six-month, and 12-month tenors are expected to continue on the current methodology until the end of June 2023. After this time, the one-month, three-month, and six-month settings are expected to continue using a synthetic, unrepresentative methodology.

LIBOR benchmark series in FRED will be discontinued at cessation dates. Recommended alternatives may be found on the Financial Conduct Authority’s LIBOR transition page.