---
title: "GET /fed/v1/funding-conditions"
method: GET
path: "/fed/v1/funding-conditions"
tags: ["fed"]
---

# GET /fed/v1/funding-conditions

`GET /fed/v1/funding-conditions`

Daily U.S. money-market funding conditions from the Federal Reserve and the Federal Reserve Bank of New York, including the Federal Funds Effective Rate, SOFR, OBFR, tri-party general collateral repo rates, Treasury-collateralized overnight reverse repo and repo operation amounts, and commercial paper rates. One row per calendar day; daily federal-funds series generally populate calendar-day rows, while market-rate, volume, and commercial-paper series are generally published on business days and may be null on weekends or holidays.

## Query parameters

- `date` string
- `date.gt` string
- `date.gte` string
- `date.lt` string
- `date.lte` string
- `limit` integer
- `sort` string

## Response `200`

A list of results.

- object
  - `next_url` string — If present, this value can be used to fetch the next page.
  - `request_id` string, required — A request id assigned by the server.
  - `results` object[], required — The results for this request.
    - `date` string, date — Calendar date of the observation (YYYY-MM-DD).
    - `effective_fed_funds_rate` number, float — Federal Funds Effective Rate as a percentage (DFF series from FRED); published daily.
    - `effective_fed_funds_volume` number, float — Total transaction volume underlying the effective federal funds rate calculation, in billions of U.S. dollars; reported on business days.
    - `fed_funds_target_lower` number, float — Lower bound of the federal funds target range as a percentage (DFEDTARL series from FRED); posted every calendar day.
    - `fed_funds_target_upper` number, float — Upper bound of the federal funds target range as a percentage (DFEDTARU series from FRED); posted every calendar day.
    - `fed_overnight_repo_treasury_amount` number, float — NY Fed overnight repo operation amount against Treasury collateral, in billions of U.S. dollars (RPONTSYD series from FRED); reported on business days.
    - `fed_overnight_reverse_repo_treasury_amount` number, float — NY Fed overnight reverse repo operation amount against Treasury collateral, in billions of U.S. dollars (RRPONTSYD series from FRED); reported on business days.
    - `financial_commercial_paper_90d_rate` number, float — 90-day AA financial commercial paper interest rate as a percentage, quoted on a discount basis (DCPF3M series from FRED); reported on business days, with occasional source-level gaps.
    - `interest_on_reserve_balances` number, float — Interest rate paid on reserve balances as a percentage (IORB series from FRED); posted every calendar day.
    - `nonfinancial_commercial_paper_90d_rate` number, float — 90-day AA nonfinancial commercial paper interest rate as a percentage, quoted on a discount basis (DCPN3M series from FRED); reported on business days, with occasional source-level gaps.
    - `obfr_25th_percentile` number, float — 25th percentile transaction rate of the OBFR distribution as a percentage; posted on business days.
    - `obfr_75th_percentile` number, float — 75th percentile transaction rate of the OBFR distribution as a percentage; posted on business days.
    - `obfr_volume` number, float — Total transaction volume underlying the OBFR calculation, in billions of U.S. dollars; reported on business days.
    - `overnight_bank_funding_rate` number, float — Overnight Bank Funding Rate (OBFR) as a percentage; published by the Federal Reserve Bank of New York and reported on business days.
    - `secured_overnight_financing_rate` number, float — Secured Overnight Financing Rate (SOFR) as a percentage; published by the Federal Reserve Bank of New York and reported on business days.
    - `sofr_25th_percentile` number, float — 25th percentile transaction rate of the SOFR distribution as a percentage; posted on business days.
    - `sofr_75th_percentile` number, float — 75th percentile transaction rate of the SOFR distribution as a percentage; posted on business days.
    - `sofr_volume` number, float — Total transaction volume underlying the SOFR calculation, in billions of U.S. dollars; reported on business days.
    - `tgcr_25th_percentile` number, float — 25th percentile transaction rate of the TGCR distribution as a percentage; posted on business days.
    - `tgcr_75th_percentile` number, float — 75th percentile transaction rate of the TGCR distribution as a percentage; posted on business days.
    - `tri_party_general_collateral_rate` number, float — Tri-Party General Collateral Rate (TGCR) as a percentage; published by the Federal Reserve Bank of New York as a repo reference rate and reported on business days.
    - `tri_party_general_collateral_volume` number, float — Total transaction volume underlying the TGCR calculation, in billions of U.S. dollars; reported on business days.
  - `status` 'OK', required — The status of this request's response.

## Other responses

- `400` — An error message.

## Changes

- **2026-08-25** `bc3bf3f877c0` — 1 info
  - endpoint added

[Change history](https://skmtc.dev/massive/apis/polygon-api/changes/fed/v1/funding-conditions/get.md)

---

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