30-Day A2/P2 Nonfinancial Commercial Paper Interest Rate
This dataset tracks 30-day a2/p2 nonfinancial commercial paper interest rate over time.
Latest Value
4.52
Year-over-Year Change
-1.53%
Date Range
1/2/1997 - 8/5/2025
Summary
The 30-Day A2/P2 Nonfinancial Commercial Paper Interest Rate tracks short-term borrowing costs for high-quality corporate debt instruments. This metric provides critical insights into corporate credit markets and overall 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 rate represents the interest rate for 30-day commercial paper issued by nonfinancial corporations with an A2/P2 credit rating. It reflects the cost of short-term corporate borrowing and serves as an important indicator of corporate financial health and market credit conditions.
Methodology
The rate is calculated based on daily surveys of commercial paper rates from primary dealers and financial institutions, aggregated and reported by the Federal Reserve.
Historical Context
Economists and policymakers use this rate to assess corporate borrowing costs, credit market stress, and potential indicators of broader economic trends. It helps inform monetary policy decisions and provides insights into corporate financial strategies.
Key Facts
- Represents 30-day nonfinancial commercial paper rates
- Applies to A2/P2 rated corporate debt instruments
- Provides insights into corporate borrowing conditions
- Tracked and reported by the Federal Reserve
FAQs
Q: What does A2/P2 rating mean?
A: A2/P2 is a credit rating indicating high-quality, low-risk short-term debt instruments with strong repayment capabilities.
Q: Why are commercial paper rates important?
A: These rates reflect corporate borrowing costs and provide insights into overall economic and credit market conditions.
Q: How often is this rate updated?
A: The rate is typically updated daily by the Federal Reserve, reflecting current market conditions.
Q: Who uses this economic indicator?
A: Economists, policymakers, investors, and financial analysts use this rate to assess corporate financial health and market trends.
Q: How does this rate relate to monetary policy?
A: The commercial paper rate can influence and be influenced by Federal Reserve monetary policy decisions regarding interest rates and economic stimulus.
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Citation
U.S. Federal Reserve, 30-Day A2/P2 Nonfinancial Commercial Paper Interest Rate [RIFSPPNA2P2D30NB], retrieved from FRED.
Last Checked: 8/1/2025