| COMMERCIAL PAPER TWO-WEEK DISCOUNT RATES | ||||||||||
| Year to date as of 06/09 | ||||||||||
| Term (days) | 06/03 | 06/06 | 06/07 | 06/08 | 06/09 | 1-week Change (bps)* |
5-day Average |
52-wk High |
52-wk Low |
|
| AA Financial | ||||||||||
| 1-day | 2.95 | 2.96 | 2.95 | 2.94 | 2.95 | -4.00 | 2.95 | 3.04 | 0.97 | |
| 7-day | 2.96 | 2.98 | 2.97 | 2.97 | 2.94 | -0.35 | 2.96 | 2.99 | 0.99 | |
| 15-day | 2.99 | 2.97 | 2.98 | 2.99 | 2.99 | -0.10 | 2.98 | 2.99 | 1.01 | |
| 30-day | 3.05 | 3.06 | 3.04 | 3.08 | 3.09 | 3.15 | 3.06 | 3.09 | 1.07 | |
| 60-day | 3.14 | 3.16 | 3.16 | 3.16 | 3.19 | 3.70 | 3.16 | 3.19 | 1.21 | |
| 90-day | 3.23 | 3.24 | 3.25 | 3.25 | 3.24 | 2.95 | 3.24 | 3.25 | 1.36 | |
| AA Nonfinancial | ||||||||||
| 1-day | 2.96 | 2.96 | 2.96 | 2.96 | 2.95 | -2.70 | 2.96 | 3.02 | 0.97 | |
| 7-day | 2.97 | 2.97 | 2.96 | 2.97 | 2.97 | -1.20 | 2.97 | 3.00 | 0.98 | |
| 15-day | 2.97 | 2.98 | 2.98 | 2.98 | 2.97 | -1.40 | 2.98 | 3.00 | 0.99 | |
| 30-day | 3.00 | 3.03 | 3.02 | 3.02 | 3.03 | 2.75 | 3.02 | 3.03 | 1.10 | |
| 60-day | − | − | 3.10 | 3.09 | 3.03 | 0.67 | 3.07 | 3.10 | 1.16 | |
| 90-day | − | − | − | 3.24 | 3.23 | 4.00 | 3.24 | 3.24 | 1.40 | |
| A2/P2 Nonfinancial | ||||||||||
| 1-day | 3.02 | 3.03 | 3.02 | 3.02 | 3.02 | -3.30 | 3.02 | 3.10 | 1.05 | |
| 7-day | 3.04 | 3.06 | 3.06 | 3.07 | 3.05 | 0.10 | 3.06 | 3.10 | 1.06 | |
| 15-day | 3.09 | 3.04 | 3.07 | 3.09 | 3.06 | -0.50 | 3.07 | 3.12 | 1.08 | |
| 30-day | 3.24 | 3.25 | 3.28 | 3.21 | 3.20 | 3.10 | 3.24 | 3.28 | 1.24 | |
| 60-day | 3.36 | 3.28 | 3.29 | 3.27 | 3.34 | 3.55 | 3.31 | 3.36 | 1.35 | |
| 90-day | 3.30 | 3.38 | 3.38 | 3.39 | 3.44 | 1.80 | 3.38 | 3.44 | 1.44 | |
| Note: One week change based on the consecutive five-day floating averages.Source: Federal Reserve Bank | ||||||||||
More From Asset Securitization Report
Mortgage rates flat this week, but prepare for uncertainty
With how investors are reacting to inflation news and its impact on stocks, it would not take much to move markets in either direction when it comes to rates.
Bond traders bet Fed under Warsh will hike rates this year
The shift gathered pace at the most recent policy meeting in April, when three voters on the Federal Open Market Committee voted against the decision to hold rates steady.
Prepayments hit 4-year high after mortgage rates eased
Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.
Traders bet on post-war calm to keep rates in tight range
In testimony Tuesday, Warsh avoided answering questions about the near-term path of interest rates, further supporting the market's wait-and-see stance.
Traders rethink Fed rates outlook as growth worries build
As war in the Middle East sent oil prices soaring, stoking inflation fears, traders pushed back expectations for the Fed's next rate cut into next year.
