90-Day A2/P2 Nonfinancial Commercial Paper Interest Rate
This dataset tracks 90-day a2/p2 nonfinancial commercial paper interest rate over time.
Latest Value
4.55
Year-over-Year Change
0.00%
Date Range
1/2/1998 - 8/6/2025
Summary
The 90-Day A2/P2 Nonfinancial Commercial Paper Interest Rate tracks the borrowing costs for high-quality, short-term corporate debt instruments. This metric provides critical insight into corporate financing conditions and short-term 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 90-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 liquidity and market credit conditions.
Methodology
The rate is calculated based on daily surveys of market rates for commercial paper issued by top-rated nonfinancial corporations with a 90-day maturity.
Historical Context
Policymakers and investors use this trend to assess corporate borrowing costs and overall economic liquidity. It helps inform monetary policy decisions and provides insights into corporate financial health.
Key Facts
- Represents 90-day commercial paper for nonfinancial corporations
- Reflects short-term corporate borrowing costs
- Uses A2/P2 credit rating as a benchmark
- Important indicator of corporate financial market conditions
FAQs
Q: What does A2/P2 mean in this context?
A: A2/P2 is a credit rating indicating high-quality, low-risk short-term debt instruments from top-rated corporations.
Q: Why are 90-day commercial paper rates important?
A: These rates provide insights into corporate borrowing costs and overall short-term credit market conditions.
Q: How often does this rate change?
A: The rate can fluctuate daily based on market conditions, credit ratings, and broader economic factors.
Q: Who uses this economic indicator?
A: Investors, financial analysts, policymakers, and economists use this rate to assess corporate financial health.
Q: How does this rate relate to monetary policy?
A: The rate helps central banks understand short-term credit markets and can influence monetary policy decisions.
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Citation
U.S. Federal Reserve, 90-Day A2/P2 Nonfinancial Commercial Paper Interest Rate [RIFSPPNA2P2D90NB], retrieved from FRED.
Last Checked: 8/1/2025