60-Day AA Asset-Backed Commercial Paper Interest Rate
This dataset tracks 60-day aa asset-backed commercial paper interest rate over time.
Latest Value
4.40
Year-over-Year Change
0.46%
Date Range
1/2/2001 - 8/5/2025
Summary
The 60-Day AA Asset-Backed Commercial Paper Interest Rate tracks the short-term borrowing costs for high-quality commercial paper. This metric provides critical insight into corporate liquidity and short-term credit market 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 interest rate represents the average yield for top-rated 60-day commercial paper issued by corporations with strong credit ratings. It serves as a key indicator of short-term lending rates and overall financial market health.
Methodology
The rate is calculated by aggregating interest rates from multiple financial institutions for 60-day commercial paper with an AA rating.
Historical Context
Policymakers and investors use this rate to assess corporate borrowing costs and potential economic stress in short-term credit markets. It helps inform monetary policy and investment strategies.
Key Facts
- Represents 60-day borrowing rates for top-rated corporations
- Indicates short-term credit market conditions
- Reflects corporate financial health and liquidity
- Used by investors and policymakers for economic analysis
FAQs
Q: What does AA rating mean in this context?
A: AA rating indicates a high-quality, low-risk commercial paper with strong creditworthiness from a major credit rating agency.
Q: How often is this rate updated?
A: The rate is typically updated daily, reflecting current market conditions and lending environments.
Q: Why do investors track this rate?
A: Investors use this rate to assess short-term investment opportunities and understand corporate borrowing costs.
Q: How does this rate relate to broader economic conditions?
A: The rate can signal economic health, with lower rates suggesting easier credit and higher rates indicating potential market stress.
Q: Can this rate predict economic trends?
A: While not definitive, the rate can provide early signals about corporate financial conditions and potential economic shifts.
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Citation
U.S. Federal Reserve, 60-Day AA Asset-Backed Commercial Paper Interest Rate [RIFSPPAAAD60NB], retrieved from FRED.
Last Checked: 8/1/2025