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

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Data Dictionary

Item Number 6120

COMMERCIAL AND INDUSTRIAL LOANS WITH REMAINING MATURITY OF ONE YEAR OR LESS WITH FLOATING INTEREST RATES

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
RCFD6120	1985-12-31	9999-12-31	Yes	FFIEC 002
RCON6120	1980-06-30	1985-09-30	No	FFIEC 002

Data Description:

Floating interest rates are those tied to some other rate (such as prime or market rate) and neither the borrower nor lender knows at the time the loan originates the exact rate to be charged over the life of the loan. All demand loans are considered as having a floating interest rate.

NOTE:

For the FFIEC 002 report, excludes all transactions with related depository institutions.

Last update: May 10, 2024