PEP 8 prescribes that
Constants are usually defined on a module level and written in all capital letters with underscores separating words. Example
Well, the PEP 8 coding conventions were primarily written for the Python standard library:
This document gives coding conventions for the Python code comprising the standard library in the main Python distribution.
Grepping through some of the modules in the Python 3.5 standard library, alongside with the usual strings and numbers, one finds things like
UUIDs, uuid.py:
NAMESPACE_URL = UUID('6ba7b811-9dad-11d1-80b4-00c04fd430c8')
regular expressions, smtplib.py
OLDSTYLE_AUTH = re.compile(r"auth=(.*)", re.I)
dictionaries, plistlib.py:
_BINARY_FORMAT = {1: 'B', 2: 'H', 4: 'L', 8: 'Q'}
frozensets, asyncore.py:
_DISCONNECTED = frozenset({ECONNRESET, ENOTCONN, ESHUTDOWN, ECONNABORTED, EPIPE, ...
and a datetime.date in calendar.py
_EPOCH_ORD = datetime.date(EPOCH, 1, 1).toordinal()
thus basically anything that is supposed to remain constant for the entire duration of the execution, even if it were a mutable type (the dictionary in plistlib.py).