60-Day A2/P2 Nonfinancial Commercial Paper Interest Rate
RIFSPPNA2P2D60NB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.54
Year-over-Year Change
-0.66%
Date Range
10/7/2021 - 8/6/2025
Summary
The 60-Day A2/P2 Nonfinancial Commercial Paper Interest Rate tracks the borrowing costs for high-quality, short-term corporate debt instruments. This metric provides critical insights into corporate financing conditions and overall credit market health.
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 60-day commercial paper issued by nonfinancial corporations with an A2/P2 credit rating. It reflects the short-term borrowing costs for businesses and serves as an important indicator of corporate financial liquidity and market credit conditions.
Methodology
The rate is calculated based on daily quotes from primary dealers and financial institutions, aggregated and reported by the Federal Reserve.
Historical Context
Policymakers and investors use this trend to assess corporate credit market conditions and potential economic stress. It helps inform monetary policy decisions and investment strategies.
Key Facts
- Represents 60-day nonfinancial commercial paper rates
- Indicates short-term corporate borrowing conditions
- Uses A2/P2 credit rating as benchmark
- Reported daily by the Federal Reserve
FAQs
Q: What does A2/P2 mean in this context?
A: A2/P2 refers to a credit rating indicating high-quality, low-risk short-term debt instruments from major credit rating agencies.
Q: Why are commercial paper rates important?
A: These rates provide insights into corporate financial health, credit market conditions, and potential economic pressures.
Q: How often does this rate change?
A: The rate can fluctuate daily based on market conditions, credit risk, and broader economic factors.
Q: Who uses this rate?
A: Investors, financial analysts, policymakers, and corporate treasurers use this rate to assess market conditions and make financial decisions.
Q: How does this rate relate to overall economic health?
A: Lower rates typically indicate easier credit conditions, while higher rates might suggest increased economic uncertainty or risk.
Related Trends
15-Day A2/P2 Nonfinancial Commercial Paper Interest Rate
RIFSPPNA2P2D15NB
90-Day A2/P2 Nonfinancial Commercial Paper Interest Rate
RIFSPPNA2P2D90NB
Overnight A2/P2 Nonfinancial Commercial Paper Interest Rate
RIFSPPNA2P2D01NB
90-Day AA Financial Commercial Paper Interest Rate
RIFSPPFAAD90NB
60-Day AA Asset-Backed Commercial Paper Interest Rate
RIFSPPAAAD60NB
30-Day A2/P2 Nonfinancial Commercial Paper Interest Rate
RIFSPPNA2P2D30NB
Citation
U.S. Federal Reserve, 60-Day A2/P2 Nonfinancial Commercial Paper Interest Rate [RIFSPPNA2P2D60NB], retrieved from FRED.
Last Checked: 8/1/2025