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.

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Data Dictionary

Item Number 7182

PERCENTAGE BETWEEN ITEMS 8602 AND 8603

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
QRCC7182	1994-11-30	9999-12-31	Yes	FR 2835a

Data Description:

A calculation made by the Federal Reserve for the average computed interest rate by dividing "Total Finance Charges (8602)" by "Total Balances On Which Financial Charges Are Computed (8603)", and multiplying the result by twelve to obtain an annualized rate. Equals (8602 / 8603 * 100 - 100) * 12

NOTE:

Reported for the FR 2835a report.

Last update: May 16, 2024