Applicable Federal Rates

YEAR:	Annual	Semi- Annual	Quarter	Month
January
Short-term (<3yrs)	3.18%	3.16%	3.15%	3.14%
Mid-term (>3yrs<9yrs)	3.58%	3.55%	3.53%	3.52%
Long-term (>9yrs)	4.46%	4.41%	4.39%	4.37%
February
Short-term (<3yrs)	3.11%	3.09%	3.08%	3.07%
Mid-term (>3yrs<9yrs)	3.51%	3.48%	3.46%	3.46%
Long-term (>9yrs)	4.46%	4.41%	4.39%	4.37%
March
Short-term (<3yrs)	2.25%	2.24%	2.23%	2.23%
Mid-term (>3yrs<9yrs)	2.97%	2.95%	2.94%	2.93%
Long-term (>9yrs)	4.27%	4.23%	4.21%	4.19%
April
Short-term (<3yrs)	1.85%	1.84%	1.84%	1.83%
Mid-term (>3yrs<9yrs)	2.87%	2.85%	2.84%	2.83%
Long-term (>9yrs)	4.40%	4.35%	4.33%	4.31%
May
Short-term (<3yrs)	1.64%	1.63%	1.63%	1.62%
Mid-term (>3yrs<9yrs)	2.74%	2.72%	2.71%	2.70%
Long-term (>9yrs)	4.21%	4.17%	4.15%	4.13%
June
Short-term (<3yrs)
Mid-term (>3yrs<9yrs)
Long-term (>9yrs)
July
Short-term (<3yrs)
Mid-term (>3yrs<9yrs)
Long-term (>9yrs)
August
Short-term (<3yrs)
Mid-term (>3yrs<9yrs)
Long-term (>9yrs)
September
Short-term (<3yrs)
Mid-term (>3yrs<9yrs)
Long-term (>9yrs)
October
Short-term (<3yrs)
Mid-term (>3yrs<9yrs)
Long-term (>9yrs)
November
Short-term (<3yrs)
Mid-term (>3yrs<9yrs)
Long-term (>9yrs)
December
Short-term (<3yrs)
Mid-term (>3yrs<9yrs)
Long-term (>9yrs)