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90-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily

Latest updates. In US money markets, the interest rate on 90-day AA-rated nonfinancial commercial paper was 3.87 percent on 31 October 2025, compared to 3.86 on 30 October.

Sample. The daily series presented in the graph has 5,227 observations overall. The period covered by the series stretches from January 1997 to October 2025.

History. Here are some statistics we computed on the full sample: the interest rate had an average value of 2.25 percent; it hit a peak of 6.65 on 1 June 2000; it reached a minimum of 0.03 on 7 June 2021.

Latest values

Date Value - Percentage points
2025-10-29 3.88
2025-10-30 3.86
2025-10-31 3.87

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Series Metadata

Field Value
Description 90-Day AA Nonfinancial Commercial Paper Interest Rate
Country United States
Economic concept Interest rate
Data type Interest rate
Deflation method Nominal
Seasonally adjusted No
Rescaling None
Frequency Daily
Unit Percentage points
Source Board of Governors of the Federal Reserve System
Source type Central bank
Data licence Licence to copy and distribute without permission
Measure type Level

Series in the same data set: Fed funds

Series Name Observations Start Date End Date
Federal funds effective rate (percentage points) - United States - FED Board - Daily 17950 1954-07-01 2025-11-13

Series in the same data set: Commercial paper

Series Name Observations Start Date End Date
30-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 6803 1997-01-02 2025-11-13
60-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 6061 1997-01-02 2025-11-12
90-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 5227 1997-01-02 2025-10-31
30-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 6014 1997-01-02 2025-11-13
60-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 5739 1997-01-02 2025-11-13
90-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 6632 1997-01-02 2025-11-13

Series in the same data set: Prime bank rate

Series Name Observations Start Date End Date
Prime rate charged by banks on short-term loans to business (percentage points) - United States - FED Board - Weekly 17911 1955-08-04 2025-11-13

Series in the same data set: Treasury bills

Series Name Observations Start Date End Date
4-week Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily 6074 2001-07-31 2025-11-13
3-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily 17958 1954-01-04 2025-11-13
6-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily 16718 1958-12-09 2025-11-13
1-year Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily 14882 1959-07-15 2025-11-13