Electric Programs >> Interest Rates

Rural Electrification Loan Interest Rates

Hardship Loan Rates - 5%
Municipal Loan Rates (Capped and Uncapped)
Treasury Loan Rates
FFB Guaranteed Loans

Information on these loan programs can be found on the Loans page.

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Hardship Loan Rate

On November 1, 1993, the Rural Electrification Loan Restructuring Act, Pub. L. 103-129, 107 Stat. 1356, (RELRA) amended the Rural Electrification Act of 1936, 7 U.S.C. 901 et seq., (RE Act) to establish a new interest rate structure for insured electric loans. Insured electric loans approved on or after this date, are either municipal rate loans or hardship rate loans. Borrowers meeting the criteria set forth in §1714.8 are eligible for 5 percent hardship rate loans.

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Municipal Interest Rates for the 1st Quarter of CY 2009

In accordance with 7 CFR 1714.5, the interest rates are established as shown in the following table for all interest rate terms that begin at any time during the fourth quarter of calendar year 2009.

Interest Rate Term Ends in (Year....)	RUS Rate (0.000 percent)
2010	1.125
2011	1.625
2012	2.125
2013	2.625
2014	3.000
2015	3.250
2016	3.500
2017	3.625
2018	3.875
2019	4.125
2020	4.250
2021	4.375
2022	4.500
2023	4.750
2024	4.875
2025	4.875
2026	5.000
2027	5.000
2028	5.125
2029	5.125
2030 or later	5.125

Historical rates are available on our Historical Municipal Rates page.

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Treasury and Federal Financing Bank (FFB) Rates

The following list of interest rates for loans shall not constitute an offer or commitment to make a loan at these rates. The interest rates listed are illustrative only of the rates that would apply to funds advanced on the date identified here as the "Issue Date." These rates change daily.

    ISSUE DATE:  03/04/09

    03/03/09 TREASURY YIELD CURVE SEMIANNUAL RATES 
    3-mo   6-mo   1-yr   2-yr   3-yr   5-yr   7-yr  10-yr  20-yr  30-yr
    0.27   0.44   0.68   0.91   1.31   1.87   2.58   2.93   3.92   3.67

    APPROXIMATE FFB QUARTERLY RATES*
    3-mo   6-mo   1-yr   2-yr   3-yr   5-yr   7-yr  10-yr  20-yr  30-yr
    0.27   0.61   0.76   1.03   1.39   1.94   2.57   2.89   3.70   3.64















































































    

*These approximate FFB rates are based upon a common type of RUS loan in which the quarterly loan payments are derived by amortizing over 30 years, but the loan matures with a balloon payment at the maturity indicated in the column heading (for example, 10 years). The column headings are approximate maturity terms, since the loans end on quarterly payment dates.

Treasury rate loans are not available for terms less than one year.

For information as to available "Call Options" and their associated pricing spreads, please contact the Electric Program directly (Southern Regional Division, Northern Regional Division, Power Supply Division).

To obtain the latest  Federal Reserve Statistical Release of daily interest rates, you may use this link to go to the Federal Reserve Bank, where that information is available.  Historical rates are available on our Historical Treasury Rates page.