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In forceMoney market and bank credit statisticsLast checked 13 November 2026

Report of selected money market rates (FR 2420)

A regulatory return listed by the Board of Governors of the Federal Reserve System (Federal Reserve Board), United States.

A transaction-based report of daily liability data on federal funds purchased, Eurodollar transactions, certificates of deposit and time deposits, and selected deposits, plus Eurodollar transactions by International Banking Facilities. From it the Federal Reserve Bank of New York calculates and publishes two reference rates, the overnight bank funding rate (OBFR) and the effective federal funds rate (EFFR); the data also support supervisory surveillance of firms' borrowing costs. Source

Official title: Report of Selected Money Market Rates

The facts

Who files
Domestically chartered commercial banks and thrifts with $18 billion or more in total assets (or $5-18 billion in assets that meet unsecured-borrowing-activity thresholds) based on the prior-year September 30 Call Report; U.S. branches and agencies of foreign banks with $2.5 billion or more in third-party assets based on the prior-year September 30 FFIEC 002; and International Banking Facilities of those institutions (Eurodollars only). Source
How often
Collected daily, for transactions executed on the report date. Source
Deadline
Every Part is due on the business day after the report date. Parts A (Federal Funds Purchased), B (Eurodollars), D (Selected Deposits) and F (Interest-Bearing Demand Deposits by Federal Home Loan Banks) are due by 7:00 a.m. Eastern Time; Parts C (Time Deposits and CDs) and E (Federal Home Loan Bank Advances) by 2:00 p.m. Eastern Time. If the deadline is a U.S. bank holiday, it moves one business day later. Source
Format
Other. Filed electronically through the Federal Reserve System's Reporting Central application (not a public system; not requested in this file). The Board's own pages do not state a file format (XML, flat file, etc.) for the submission itself. Source
How it is filed
Filing routes recorded for the Federal Reserve Board: Reporting Central; Structure Central. See how firms file with the Federal Reserve Board.
Status
In force
Legal basis
Group
Money market and bank credit statistics

Templates (6)

The tables and forms inside the return. Plain name first, the Federal Reserve Board's code in brackets.

  • Federal Funds Purchased (Part A)
  • Eurodollars (Part B)
  • Time Deposits and Certificates of Deposit (CDs) (Part C)
  • Selected Deposits (Part D)
  • Federal Home Loan Bank Advances (Part E)
  • Interest-Bearing Demand Deposits by Federal Home Loan Banks (Part F)

Six lettered parts, read from the current form itself. Source

Validation rules

No published validation rules were found for this return. No published list of edit checks found on the Board's pages for this return. Source

Public data

No published data from this return was found. Microdata from the FR 2420 are confidential and not published; the Board uses the data to calculate EFFR and OBFR, which are published separately as rate statistics, not as respondent-level FR 2420 data. Source

Official documents (4)

The Federal Reserve Board's own files, with the size and SHA-256 fingerprint of each as downloaded on 13 November 2026, so anyone can tell whether a copy is the same version.

Sources

Every page and document this return's facts were read from.

Knowing exactly what is collected, in what format and under which rules is the first step to real-time supervision. Line4 builds SupTech software for financial regulators that runs checks like these as each return arrives.

Line4's own text, and the way Line4 has collected and arranged these records, are free to reuse under CC BY 4.0. Please credit: “Source: Line4 regulatory submissions library (CC BY 4.0), https://www.line4.ai”. The facts themselves belong to no one. The regulators' document titles, template names, quoted terms and documents belong to them and are not covered by this licence: see Federal Reserve Board's reuse terms. This describes what regulators publish. It is not legal or regulatory advice: always rely on the regulator's own text. Not affiliated with or endorsed by any regulator.

Source: Board of Governors of the Federal Reserve System, https://www.federalreserve.gov. Documents are linked on the regulator's own site, not hosted here. The plain-English summaries are Line4's own; the Board does not endorse this library.

Last checked 13 November 2026.