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 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 17, 2024