Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

Micro Data Reference Manual

Zip

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below.

About Data Dictionary Reports and Mnemonics Download MDRM

Data Dictionary

Item Number 7961

EFFECTIVE INTEREST RATE

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
MTBL7961	1977-03-07	1979-01-01	Yes	FR 2028c
QTBL7961	1977-02-07	2017-05-05	Yes	FR 2028a/s

Data Description:

The effective rate of interest is the ratio of the realized yield from compound interest for one year to the amount of the loan. (Carried as a single precision floating point field.)

Last update: May 18, 2026