FMS Web site bannerFMS Programs Banner Tab Read FMS Web site privacy policy Skip to Main Content Department of the Treasury Web site Programs main page
 

transparent spacer graphicHometransparent spacer graphicQ&A'stransparent spacer graphicCalendartransparent spacer graphicPublicationstransparent spacer graphicProgramstransparent spacer graphicAbout FMStransparent spacer graphicSite Map/A-Z Indextransparent spacer graphicHelptransparent spacer graphic
   
 
  Find:    Advanced Search arrow pointing right Tools: Print RSS E-mail Skip secondary navigation
  spacer graphic

white arrow Overview: CMIA

white arrow Common Questions

white arrow Interest Rates

white arrow Library for Interest Rates

white arrow Background

white arrow Contacts

Cash Management Improvement Act (CMIA)

Interest Rates for State Fiscal Year 2008

FY 2008 Interest Rates

Other Fiscal Years

The annualized interest rate is different for State fiscal years that began on April 1, 2007, July 1, 2007, September 1, 2007, and October 1, 2007.

For States with a fiscal year that began on April 1, 2007:

The annualized interest rate is 3.77% (0.0377)
The daily interest rate is 0.01033% (0.0001033)

For States with a fiscal year that began on July 1, 2007:

The annualized interest rate is 2.99% (0.0299)
The daily interest rate is 0.00819% (0.0000819)

For States with a fiscal year that began on September 1, 2007:

The annualized interest rate is 2.51% (0.0251)
The daily interest rate is 0.00685% (0.0000685)

For States with a fiscal year that began on October 1, 2007:

The annualized interest rate is 2.28% (0.0228)
The daily interest rate is 0.00624% (0.0000624)

The daily interest rate is calculated by dividing the annualized rate by 366 calendar days.


April 1, 2007 - March 31, 2008
Auction Date 13-Week Rate Auction Date 13-Week Rate
04/02/07 - 5.055 10/09/07 - 4.030
04/09/07 - 5.023 10/15/07 - 4.300
04/16/07 - 5.008 10/22/07 - 4.004
04/23/07 - 4.976 10/29/07 - 4.025
04/30/07 - 4.924 11/05/07 - 3.642
05/07/07 - 4.898 11/13/07 - 3.518
05/14/07 - 4.867 11/19/07 - 3.476
05/21/07 - 4.914 11/26/07 - 3.254
05/29/07 - 4.919 12/03/07 - 3.104
06/04/07 - 4.846 12/10/07 - 3.073
06/11/07 - 4.773 12/17/07 - 3.073
06/18/07 - 4.617 12/24/07 - 3.363
06/25/07 - 4.820 12/31/07 - 3.394
07/02/07 - 4.930 01/07/08 - 3.259
07/09/07 - 4.956 01/14/08 - 3.156
07/16/07 - 4.982 01/22/08 - 2.424
07/23/07 - 5.029 01/28/08 - 2.388
07/30/07 - 4.966 02/04/08 - 2.280
08/06/07 - 4.909 02/11/08 - 2.301
08/13/07 - 4.763 02/19/08 - 2.249
08/20/07 - 2.919 02/25/08 - 2.208
08/27/07 - 4.723 03/03/08 - 1.823
09/04/07 - 4.472 03/10/08 - 1.445
09/10/07 - 3.901 03/17/08 - 1.118
09/17/07 - 4.160 03/24/08 - 1.220
09/24/07 - 3.922 03/31/08 - 1.465
10/01/07 - 3.942


July 1, 2007 - June 30, 2008
Auction Date 13-Week Rate Auction Date 13-Week Rate
07/02/07 - 4.930 01/07/08 - 3.259
07/09/07 - 4.956 01/14/08 - 3.156
07/16/07 - 4.982 01/22/08 - 2.424
07/23/07 - 5.029 01/28/08 - 2.388
07/30/07 - 4.966 02/04/08 - 2.280
08/06/07 - 4.909 02/11/08 - 2.301
08/13/07 - 4.763 02/19/08 - 2.249
08/20/07 - 2.919 02/25/08 - 2.208
08/27/07 - 4.732 03/03/08 - 1.823
09/04/07 - 4.472 03/10/08 - 1.445
09/10/07 - 3.901 03/17/08 - 1.118
09/17/07 - 4.160 03/24/08 - 1.220
09/24/07 - 3.922 03/31/08 - 1.465
10/01/07 - 3.942 04/07/08 - 1.476
10/09/07 - 4.030 04/14/08 - 1.078
10/15/07 - 4.300 04/21/08 - 1.343
10/22/07 - 4.004 04/28/08 - 1.445
10/29/07 - 4025 05/05/08 - 1.639
11/05/07 -3.642 05/12/08 - 1.833
11/13/07 - 3.518 05/19/08 - 1.890
11/19/07 - 3.476 05/27/08 - 1.905
11/26/07 - 3.254 06/02/08 - 1.854
12/03/07 - 3.104 06/09/08 - 1.885
12/10/07 - 3.073 06/16/08 - 2.089
12/17/07 - 3.073 06/23/08 - 1.890
12/24/07 - 3.363 06/30/08 - 1.936
12/31/07 - 3.394


September 1, 2007 - August 31, 2008
Auction Date 13-Week Rate Auction Date 13-Week Rate
09/04/07 - 4.472 03/03/08 - 1.823
09/10/07 - 3.901 03/10/08 - 1.445
09/17/07 - 4.160 03/17/08 - 1.118
09/24/07 - 3.922 03/24/08 - 1.220
10/01/07 - 3.942 03/31/08 - 1.465
10/09/07 - 4.030 04/07/08 - 1.476
10/15/07 - 4.300 04/14/08 - 1.078
10/22/07 - 4.004 04/21/08 - 1.343
10/29/07 - 4.025 04/28/08 - 1.445
11/05/07 - 3.642 05/05/08 - 1.639
11/13/07 - 3.518 05/12/08 - 1.833
11/19/07 - 3.476 05/19/08 - 1.890
11/26/07 - 3.254 05/27/08 - 1.905
12/03/07 - 3.104 06/02/08 - 1.854
12/10/07 - 3.073 06/09/08 - 1.885
12/17/07 - 3.073 06/16/08 - 2.089
12/24/07 - 3.363 06/23/08 - 1.890
12/31/07 - 3.394 06/30/08 - 1.936
01/07/08 - 3.259 07/07/08 - 1.900
01/14/08 - 3.156 07/14/08 - 1.639
01/22/08 - 2.424 07/21/08 - 1.547
01//28/08 - 2.388 07/28/08 - 1.726
02/04/08 - 2.280 08/04/08 - 1.741
02/11/08 - 2.301 08/11/08 - 1.905
02/19/08 - 2.249 08/18/08 - 1.885
02/25/08 - 2.208 08/25/08 - 1.741
 

October 1, 2007 - September 30, 2008
Auction Date 13-Week Rate Auction Date 13-Week Rate
10/01/07 - 3.942 04/07/08 - 1.476
10/09/07 - 4.030 04/14/08 - 1.078
10/15/07 - 4.300 04/21/08 - 1.343
10/22/07 - 4.004 04/28/08 - 1.445
10/29/07 - 4.025 05/05/08 - 1.639
11/05/07 - 3.642 05/12/08 - 1.833
11/13/07 - 3.518 05/19/08 - 1.890
11/19/07 - 3.476 05/27/08 - 1.905
11/26/07 - 3.254 06/02/08 - 1.854
12/03/07 - 3.104 06/09/08 - 1.885
12/10/07 - 3.073 06/16/08 - 2.089
12/17/07 - 3.073 06/23/08 - 1.890
12/24/07 - 3.363 06/30/08 - 1.936
12/31/07 - 3.394 07/07/08 - 1.900
01/07/08 - 3.259 07/14/08 - 1.639
01/14/08 - 3.156 07/21/08 - 1.547
01/22/08 - 2.424 07/28/08 - 1.726
01/28/08 - 2.388 08/04/08 - 1.741
02/04/08 - 2.280 08/11/08 - 1.905
02/11/08 - 2.301 08/18/08 - 1.885
02/19/08 - 2.249 08/25/08 - 1.741
02/25/08 - 2.208 09/02/08 - 1.716
03/03/08 - 1.823 09/08/08 - 1.721
03/10/08 - 1.445 09/15/08 - 1.067
03/17/08 - 1.118 09/22/08 - 1.445
03/24/08 - 1.220 09/29/08 - 1.118
03/31/08 - 1.465


   Last Updated:  Friday November 07, 2008
Contact FMS
Treasury E-Government		 Privacy Policy
Web Site Inventory/
Publication Schedule		 Accessibility/
508 Statement		 Freedom of Information Act/
Information Quality
Treasury Department Web Site Treasury No Fear Act Page Regulations.gov USA.gov