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1 Rate was calculated with reduced volume
2 Rate was calculated using brokered data
3 Because of insufficient current data, the published rate is a republication of the prior day's rate
Note starting with the March 1, 2016 rate, the published fields changed. To view historical data fields use the Federal Funds Data Historical Search.
a The data source and the calculation methodology changed starting with the March 1, 2016 rate. For background on these technical changes, please see the following statements:
Statement Regarding Planned Changes to the Calculation of the Federal Funds Effective Rate and the Publication of an Overnight Bank Funding Rate
Statement Regarding the Calculation Methodology for the Effective Federal Funds Rate and Overnight Bank Funding Rate
Statement Regarding the Implementation of Planned Changes to the Effective Federal Funds Rate and Publication of the Overnight Bank Funding Rate
b The EFFR and the OBFR will be published each business day that is not included in the Federal Reserve Bank of New York's Holiday Schedule. The EFFR and the OBFR, reflecting activity for the business day preceding the holiday, will be published on the subsequent business day. In the event that market participants recognize a previously unscheduled holiday, the New York Fed will publically communicate its approach to publishing reference rates it administers, with the goal of aligning as closely as possible to the approach used for scheduled holidays.