Resources and Assets: Bills Discounted: Other Bills Discounted; Discounts and Advances

RABDOB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.05

Year-over-Year Change

-98.76%

Date Range

9/3/1924 - 9/15/1943

Summary

The RABDOB series tracks the volume of bills discounted by financial institutions, representing a key indicator of short-term credit market activity. This metric provides insights into lending dynamics and potential economic liquidity conditions.

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

This economic indicator reflects the total value of commercial and other bills that banks and financial institutions have discounted, which essentially means purchasing financial instruments at a reduced value before their maturity date. Economists use this trend to assess credit market health, banking sector liquidity, and potential short-term economic pressures.

Methodology

Data is collected through comprehensive reporting by financial institutions to the Federal Reserve, tracking the aggregate value of discounted bills across various sectors.

Historical Context

Policymakers and financial analysts use this trend to evaluate credit market conditions, potential economic stress, and monetary policy effectiveness.

Key Facts

  • Represents the total value of discounted financial instruments
  • Provides insight into short-term lending market conditions
  • Tracked as part of broader economic and financial system analysis

FAQs

Q: What does 'bills discounted' mean?

A: Bills discounted refers to financial instruments purchased by banks at a reduced value before their maturity date, allowing immediate liquidity for the original holder.

Q: How frequently is RABDOB data updated?

A: The data is typically updated on a periodic basis by the Federal Reserve, with frequency depending on reporting cycles and economic monitoring needs.

Q: Why do economists track bills discounted?

A: Tracking bills discounted helps economists understand credit market dynamics, banking sector health, and potential short-term economic pressures.

Q: How does RABDOB relate to monetary policy?

A: The trend provides insights into credit market conditions that can influence monetary policy decisions by central banking authorities.

Q: What are the limitations of this economic indicator?

A: While informative, RABDOB represents only one aspect of credit markets and should be analyzed alongside other economic indicators for comprehensive understanding.

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Citation

U.S. Federal Reserve, Resources and Assets: Bills Discounted: Other Bills Discounted; Discounts and Advances [RABDOB], retrieved from FRED.

Last Checked: 8/1/2025