Federal Funds Purchased and Securities Sold Interest Expense
The financial metric "Federal Funds Purchased and Securities Sold Interest Expense" represents the interest expense incurred by a company when it borrows funds from the Federal Reserve or sells securities in short-term money markets to raise capital. This metric is typically included under the "Interest Expense" section of a company's income statement and reflects the cost of borrowing funds to finance the company's operations or investments. The level of interest expense incurred can impact a company's profitability and financial health, as it represents an ongoing cost that must be managed and monitored by the company's management team.
Additional Details
| Metric Name |
Type |
Default Period Type |
| fed_funds_and_repo_interest_expense |
|
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
usd |