Resources and Assets: Bills Discounted: Bills Discounted and Loans Within 60 Days
RABDL60D • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47.77
Year-over-Year Change
48.77%
Date Range
12/31/1914 - 12/29/1916
Summary
This economic indicator tracks the total value of bills discounted and short-term loans with a maturity of 60 days or less in the U.S. financial system. It provides insight into short-term credit market liquidity and banking sector lending activities.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The metric represents a key measure of short-term financial transactions and credit availability in the banking sector. Economists use this data to assess the velocity of money, credit market conditions, and potential economic momentum.
Methodology
Data is collected and compiled by the Federal Reserve through comprehensive reporting from financial institutions and banking networks.
Historical Context
This indicator is used in monetary policy analysis, credit market assessments, and as a leading indicator of economic liquidity and financial sector health.
Key Facts
- Measures short-term financial transactions under 60 days
- Provides insight into credit market dynamics
- Tracked as part of broader monetary system analysis
FAQs
Q: What does 'bills discounted' mean?
A: Bills discounted refer to financial instruments sold before their maturity date at a reduced value. This allows businesses and banks to access funds more quickly.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates this data on a regular periodic basis, often monthly or quarterly, depending on reporting cycles.
Q: Why are 60-day transactions significant?
A: 60-day transactions represent a critical short-term credit window that reflects immediate financial liquidity and business lending conditions.
Q: How do economists use this data?
A: Economists analyze this trend to understand credit market health, potential economic expansion, and short-term financial system dynamics.
Q: What are the limitations of this indicator?
A: While informative, this metric represents only a snapshot of short-term lending and should be considered alongside other economic indicators for comprehensive analysis.
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Citation
U.S. Federal Reserve, Resources and Assets: Bills Discounted: Bills Discounted and Loans Within 60 Days [RABDL60D], retrieved from FRED.
Last Checked: 8/1/2025