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 7923

PRIME RATES

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
QTBL7923	1979-11-30	2017-05-05	Yes	FR 2028a/s
QTFL7923	1977-02-07	9999-12-31	Yes	FR 2028b/s
XMTA7923	1979-11-30	9999-12-31	Yes	FR 2028a/s

Data Description:

The prime rate charged by a respondent bank. The prime rate, sometimes referred to as a "base" or "reference" rate, is the administered rate used for pricing business credit which the bank adjusts and announces from time to time as response to changes in market conditions. The rate is reported to three decimal places. For example, a rate of 8-1/2 percent is reported as 8.500. NOTE: Reported on the FR 2028S report.

Last update: Apr 23, 2024