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Term Fed Funds
(redirected from Term Federal Fund)

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Term Fed funds
Fed funds sold for a period of time longer than overnight.

Term Fed Funds
Federal funds that a bank borrows for a period of more than one day. Generally speaking, term fed funds have a maximum maturity of 90 days. Banks borrow term fed funds when they need to borrow funds for an extended (but still short-term) period of time and wish to lock in a low interest rate.


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6 We use T-bills rather than term federal funds because coefficient estimates using the federal funds rate are insignificant.
The closing took place on November 10, 1994, toward the end of the year in which the Federal Reserve raised the Short Term Federal Funds rate six times.
2% 48,600 Short-term commercial paper 0 54,908 (54,908) Term federal funds sold 30,000 0 30,000 - Investment securities 247,373 205,995 41,378 20.
 
 
 
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