Quarterly Special Allowance Rates TREASURY BILL, COMMERCIAL PAPER, and SOFR Data

The T-Bill rate is the average of the bond equivalent rates of the 13-week T-Bills as published by the U.S. Department of the Treasury. For the quarter ending Dec. 31, 2024, the average of the T-Bill rates is 4.51%.

The T-Bill rates for the previous four quarters are:

The commercial paper (CP) rate is the average of the bond equivalent rates of the quotes of the 3-month commercial paper financial rates in effect for each day in such quarter as reported by the Federal Reserve in Publication H-15 (or its successor) for such 3-month period. For the quarter ending Dec. 31, 2024, the average of the CP rates is 4.66%.

The CP rates for the previous four quarters are:

The Secured Overnight Financing Rate (SOFR) rate is the average of the bond equivalent rates of the quotes of the 30-day SOFR in effect for each day in such quarter as compiled by the Federal Reserve Bank of New York, after adjusting daily by adding the Tenor Spread Adjustment. For the quarter ending Dec. 31, 2024, the average of the rates is 4.99%.

The SOFR rates for the previous four quarters are: