UNITED STATES SAVINGS BONDS/NOTES EARNINGS REPORT VALUES AND YIELDS FOR $100 SERIES EE BONDS November 1997 Thru October 1998 The table shows semiannual values for $100 Series EE bonds*. Values for other denominations are proportional to the values shown. For example, the value of a $50 bond is one-half the amount shown and the value of a $500 bond is five times the amount shown. The Current Earnings column shows the annual yield that the bonds will earn during the period indicated. The Earnings From Issue is the bond's yield from its issue date to the date shown or date adjusted as shown in the footnotes. --------------------------------------------------------------------------------------------------------------- Earning Period Earnings to Date when held 5 years*** Redemption Value*** Series EE Bond Start End Start End Current Earnings Start End Issue Dates Date** Date** Value Value Earnings From Issue Value Value --------------------------------------------------------------------------------------------------------------- 11/1997 - 4/1998 11/ 1/1997 5/ 1/1998 50.00 51.40 5.60% 5.60% 50.00 50.68 5/1997 -10/1997 11/ 1/1997 5/ 1/1998 51.44 52.88 5.60% 5.68% 50.72 52.16 =============================================================================================================== ----------------------------------------------------------------------------------------------------- Earning Period Earnings Series EE Bond Start End Start End Current From Issue Dates Date** Date** Value Value Earnings Issue ----------------------------------------------------------------------------------------------------- 11/1996 - 4/1997 11/ 1/1997 5/ 1/1998 52.36 53.56 4.58% 4.64% 5/1996 -10/1996 11/ 1/1997 5/ 1/1998 53.44 54.64 4.49% 4.49% 11/1995 - 4/1996 11/ 1/1997 5/ 1/1998 54.76 56.00 4.53% 4.58% 5/1995 -10/1995 11/ 1/1997 5/ 1/1998 56.20 57.48 4.56% 4.70% 11/1994 - 4/1995 11/ 1/1997 5/ 1/1998 56.32 57.44 3.98% 4.00% 5/1994 -10/1994 11/ 1/1997 5/ 1/1998 57.44 58.60 4.04% 4.01% 11/1993 - 4/1994 11/ 1/1997 5/ 1/1998 58.60 59.76 3.96% 4.00% 5/1993 -10/1993 11/ 1/1997 5/ 1/1998 59.76 64.68 16.47% 5.22% 3/1993 - 4/1993 3/ 1/1998 9/ 1/1998 64.60 66.32 5.33% 5.20% 11/1992 - 2/1993 11/ 1/1997 5/ 1/1998 67.20 69.24 6.07% 6.01% 5/1992 -10/1992 11/ 1/1997 5/ 1/1998 69.24 71.32 6.01% 6.01% 11/1991 - 4/1992 11/ 1/1997 5/ 1/1998 71.32 73.44 5.95% 6.00% 5/1991 -10/1991 11/ 1/1997 5/ 1/1998 73.44 75.64 5.99% 6.00% 11/1990 - 4/1991 11/ 1/1997 5/ 1/1998 75.64 77.92 6.03% 6.00% 5/1990 -10/1990 11/ 1/1997 5/ 1/1998 77.92 80.24 5.95% 6.00% 11/1989 - 4/1990 11/ 1/1997 5/ 1/1998 80.24 82.68 6.08% 6.01% 5/1989 -10/1989 11/ 1/1997 5/ 1/1998 82.68 85.16 6.00% 6.01% 11/1988 - 4/1989 11/ 1/1997 5/ 1/1998 85.16 87.68 5.92% 6.00% 5/1988 -10/1988 11/ 1/1997 5/ 1/1998 87.68 90.32 6.02% 6.00% 11/1987 - 4/1988 11/ 1/1997 5/ 1/1998 90.32 93.04 6.02% 6.00% 5/1987 -10/1987 11/ 1/1997 5/ 1/1998 93.04 95.84 6.02% 6.00% 11/1986 - 4/1987 11/ 1/1997 5/ 1/1998 95.84 98.68 5.93% 6.00% 5/1986 -10/1986 11/ 1/1997 5/ 1/1998 110.84 113.08 4.04% 6.92% 11/1985 - 4/1986 11/ 1/1997 5/ 1/1998 113.08 115.32 3.96% 6.80% 5/1985 -10/1985 11/ 1/1997 5/ 1/1998 115.32 117.64 4.02% 6.69% 11/1984 - 4/1985 11/ 1/1997 5/ 1/1998 117.64 120.00 4.01% 6.59% 5/1984 -10/1984 11/ 1/1997 5/ 1/1998 120.32 123.44 5.19% 6.56% 11/1983 - 4/1984 11/ 1/1997 5/ 1/1998 126.00 129.32 5.27% 6.66% 5/1983 -10/1983 11/ 1/1997 5/ 1/1998 131.48 134.96 5.29% 6.73% 3/1983 - 4/1983 3/ 1/1998 9/ 1/1998 138.76 142.48 5.36% 6.87% 11/1982 - 2/1983 11/ 1/1997 5/ 1/1998 140.36 144.60 6.04% 6.97% 5/1982 -10/1982 11/ 1/1997 5/ 1/1998 157.56 162.28 5.99% 7.50% 11/1981 - 4/1982 11/ 1/1997 5/ 1/1998 162.28 167.16 6.01% 7.45% 5/1981 -10/1981 11/ 1/1997 5/ 1/1998 167.16 172.16 5.98% 7.41% 11/1980 - 4/1981 11/ 1/1997 5/ 1/1998 176.36 181.64 5.99% 7.51% 5/1980 -10/1980 11/ 1/1997 5/ 1/1998 190.56 196.28 6.00% 7.74% 1/1980 - 4/1980 1/ 1/1998 7/ 1/1998 194.36 200.20 6.01% 7.64% ===================================================================================================== * Monthly increases in value, applicable to some bonds, are not shown in the table. ** Each "Start Date" and "End Date" is for the first date of the range in the "Issue Dates" column. Add one month for each later issue month. For example, a bond issued in 1/1997 would be worth $52.36 on 1/ 1/1998 and $53.56 on 7/ 1/1998. *** A bond issued on or after May 1, 1997 is assessed a three-month interest penalty if redeemed less than five years after its issue date. "Redemption Value" shows bond values after penalty. "Earnings to date when held 5 years" shows the amount upon which future earnings will compound. ===================================================================================================== VALUES AND YIELDS FOR $100 SERIES E BONDS November 1997 Thru October 1998 5/1980 - 6/1980 11/ 1/1997 5/ 1/1998 272.44 277.88 3.99% 7.41% 11/1979 - 4/1980 11/ 1/1997 5/ 1/1998 275.08 280.60 4.01% 7.26% 6/1979 -10/1979 12/ 1/1997 6/ 1/1998 278.00 283.56 4.00% 7.12% 5/1979 - 5/1979 11/ 1/1997 5/ 1/1998 277.32 282.88 4.01% 7.11% 1/1979 - 4/1979 1/ 1/1998 7/ 1/1998 280.16 285.76 4.00% 6.98% 12/1978 -12/1978 12/ 1/1997 6/ 1/1998 280.12 285.72 4.00% 6.98% 11/1978 -11/1978 11/ 1/1997 5/ 1/1998 279.36 284.96 4.01% 6.96% 7/1978 -10/1978 1/ 1/1998 7/ 1/1998 282.28 287.92 4.00% 6.84% 6/1978 - 6/1978 12/ 1/1997 6/ 1/1998 282.24 287.88 4.00% 6.84% 5/1978 - 5/1978 11/ 1/1997 5/ 1/1998 281.52 287.16 4.01% 6.83% 3/1978 - 4/1978 3/ 1/1998 9/ 1/1998 294.08 302.00 5.39% 6.91% 12/1977 - 2/1978 12/ 1/1997 6/ 1/1998 313.60 323.04 6.02% 7.25% 11/1977 -11/1977 11/ 1/1997 5/ 1/1998 312.76 322.12 5.99% 7.24% 7/1977 -10/1977 1/ 1/1998 7/ 1/1998 351.28 361.80 5.99% 7.64% 6/1977 - 6/1977 12/ 1/1997 6/ 1/1998 351.32 361.84 5.99% 7.64% 5/1977 - 5/1977 11/ 1/1997 5/ 1/1998 350.60 361.12 6.00% 7.63% 12/1976 - 4/1977 12/ 1/1997 6/ 1/1998 357.60 368.32 6.00% 7.54% 11/1976 -11/1976 11/ 1/1997 5/ 1/1998 356.56 367.24 5.99% 7.53% 7/1976 -10/1976 1/ 1/1998 7/ 1/1998 363.72 374.64 6.00% 7.45% 6/1976 - 6/1976 12/ 1/1997 6/ 1/1998 363.80 374.68 5.98% 7.45% 5/1976 - 5/1976 11/ 1/1997 5/ 1/1998 362.96 373.84 6.00% 7.44% 1/1976 - 4/1976 1/ 1/1998 7/ 1/1998 370.36 381.44 5.98% 7.36% 12/1975 -12/1975 12/ 1/1997 6/ 1/1998 370.32 381.40 5.98% 7.36% 11/1975 -11/1975 11/ 1/1997 5/ 1/1998 369.48 380.56 6.00% 7.35% 6/1975 -10/1975 12/ 1/1997 6/ 1/1998 376.88 388.20 6.01% 7.28% 5/1975 - 5/1975 11/ 1/1997 5/ 1/1998 376.00 387.28 6.00% 7.27% 1/1975 - 4/1975 1/ 1/1998 7/ 1/1998 383.60 395.12 6.01% 7.20% 12/1974 -12/1974 12/ 1/1997 6/ 1/1998 383.64 395.16 6.01% 7.20% 11/1974 -11/1974 11/ 1/1997 5/ 1/1998 382.68 394.20 6.02% 7.19% 6/1974 -10/1974 12/ 1/1997 6/ 1/1998 390.44 402.16 6.00% 7.12% 5/1974 - 5/1974 11/ 1/1997 5/ 1/1998 389.52 401.20 6.00% 7.11% 12/1973 - 4/1974 12/ 1/1997 6/ 1/1998 397.40 409.32 6.00% 7.05% 9/1973 -11/1973 1/ 1/1998 7/ 1/1998 408.96 421.20 5.99% 7.07% 8/1973 - 8/1973 12/ 1/1997 6/ 1/1998 408.88 421.16 6.01% 7.07% 7/1973 - 7/1973 11/ 1/1997 5/ 1/1998 408.00 420.24 6.00% 7.06% 6/1973 - 6/1973 4/ 1/1998 10/ 1/1998 416.20 428.68 6.00% 7.00% 2/1973 - 5/1973 12/ 1/1997 6/ 1/1998 415.24 427.68 5.99% 6.99% 1/1973 - 1/1973 11/ 1/1997 5/ 1/1998 414.20 426.60 5.99% 6.98% 12/1972 -12/1972 4/ 1/1998 10/ 1/1998 422.56 435.24 6.00% 6.92% 8/1972 -11/1972 12/ 1/1997 6/ 1/1998 421.64 434.28 6.00% 6.92% 7/1972 - 7/1972 11/ 1/1997 5/ 1/1998 420.72 433.32 5.99% 6.91% 6/1972 - 6/1972 4/ 1/1998 10/ 1/1998 429.16 437.76 4.01% 6.81% 3/1972 - 5/1972 1/ 1/1998 7/ 1/1998 427.96 436.52 4.00% 6.80% 2/1972 - 2/1972 12/ 1/1997 6/ 1/1998 427.92 436.48 4.00% 6.80% 1/1972 - 1/1972 11/ 1/1997 5/ 1/1998 426.92 435.44 3.99% 6.79% 12/1971 -12/1971 4/ 1/1998 10/ 1/1998 431.28 439.92 4.01% 6.70% 8/1971 -11/1971 12/ 1/1997 6/ 1/1998 430.20 438.80 4.00% 6.69% 7/1971 - 7/1971 11/ 1/1997 5/ 1/1998 429.44 438.00 3.99% 6.69% 6/1971 - 6/1971 4/ 1/1998 10/ 1/1998 435.36 447.08 5.38% 6.64% 2/1971 - 5/1971 12/ 1/1997 6/ 1/1998 434.16 445.80 5.36% 6.63% 1/1971 - 1/1971 11/ 1/1997 5/ 1/1998 433.16 444.80 5.37% 6.62% 12/1970 -12/1970 4/ 1/1998 10/ 1/1998 503.92 514.00 4.00% 7.04% 8/1970 -11/1970 12/ 1/1997 6/ 1/1998 502.76 512.80 3.99% 7.03% 7/1970 - 7/1970 11/ 1/1997 5/ 1/1998 501.56 511.60 4.00% 7.02% 6/1970 - 6/1970 4/ 1/1998 10/ 1/1998 506.64 516.76 3.99% 6.93% 3/1970 - 5/1970 1/ 1/1998 7/ 1/1998 504.24 514.32 4.00% 6.91% 2/1970 - 2/1970 12/ 1/1997 6/ 1/1998 504.20 514.28 4.00% 6.91% 1/1970 - 1/1970 11/ 1/1997 5/ 1/1998 502.96 513.00 3.99% 6.90% 12/1969 -12/1969 4/ 1/1998 10/ 1/1998 508.20 518.36 4.00% 6.82% 9/1969 -11/1969 1/ 1/1998 7/ 1/1998 505.60 515.68 3.99% 6.80% 8/1969 - 8/1969 12/ 1/1997 6/ 1/1998 505.52 515.64 4.00% 6.80% 7/1969 - 7/1969 11/ 1/1997 5/ 1/1998 504.44 514.52 4.00% 6.79% 6/1969 - 6/1969 4/ 1/1998 10/ 1/1998 509.56 519.76 4.00% 6.71% 5/1969 - 5/1969 11/ 1/1997 5/ 1/1998 522.40 532.84 4.00% 6.88% 1/1969 - 4/1969 1/ 1/1998 7/ 1/1998 527.76 538.32 4.00% 6.79% 12/1968 -12/1968 12/ 1/1997 6/ 1/1998 527.80 538.36 4.00% 6.79% 11/1968 -11/1968 11/ 1/1997 5/ 1/1998 520.72 531.16 4.01% 6.75% 7/1968 -10/1968 1/ 1/1998 7/ 1/1998 526.04 536.56 4.00% 6.67% 6/1968 - 6/1968 12/ 1/1997 6/ 1/1998 526.12 536.64 4.00% 6.67% 5/1968 - 5/1968 11/ 1/1997 5/ 1/1998 519.88 530.28 4.00% 6.63% 12/1965 4/1968 These bonds cease to earn interest 30 years from date of issue. 9/1965 -11/1965 12/ 1/1997 6/ 1/1998 539.24 553.72 5.37% 6.20% 8/1965 - 8/1965 11/ 1/1997 5/ 1/1998 536.48 550.88 5.37% 6.18% 6/1965 - 7/1965 3/ 1/1998 9/ 1/1998 553.88 568.76 5.37% 6.19% 4/1965 - 5/1965 1/ 1/1998 7/ 1/1998 587.44 605.08 6.01% 6.38% 3/1965 - 3/1965 12/ 1/1997 6/ 1/1998 587.52 605.12 5.99% 6.38% 2/1965 - 2/1965 11/ 1/1997 5/ 1/1998 584.64 602.20 6.01% 6.36% 12/1964 - 1/1965 3/ 1/1998 9/ 1/1998 656.52 676.20 6.00% 6.62% 9/1964 -11/1964 12/ 1/1997 6/ 1/1998 652.32 671.88 6.00% 6.60% 8/1964 - 8/1964 11/ 1/1997 5/ 1/1998 649.28 668.72 5.99% 6.59% 6/1964 - 7/1964 3/ 1/1998 9/ 1/1998 662.28 682.16 6.00% 6.55% 4/1964 - 5/1964 1/ 1/1998 7/ 1/1998 657.92 677.64 5.99% 6.53% 3/1964 - 3/1964 12/ 1/1997 6/ 1/1998 657.96 677.68 5.99% 6.53% 2/1964 - 2/1964 11/ 1/1997 5/ 1/1998 654.84 674.48 6.00% 6.52% 12/1963 - 1/1964 3/ 1/1998 9/ 1/1998 668.08 688.12 6.00% 6.48% 9/1963 -11/1963 12/ 1/1997 6/ 1/1998 663.96 683.88 6.00% 6.46% 8/1963 - 8/1963 11/ 1/1997 5/ 1/1998 660.80 680.60 5.99% 6.45% 6/1963 - 7/1963 3/ 1/1998 9/ 1/1998 674.00 694.24 6.01% 6.41% 4/1963 - 5/1963 1/ 1/1998 7/ 1/1998 668.92 689.00 6.00% 6.39% 3/1963 - 3/1963 12/ 1/1997 6/ 1/1998 669.00 689.08 6.00% 6.39% 2/1963 - 2/1963 11/ 1/1997 5/ 1/1998 665.88 685.88 6.01% 6.38% 12/1962 - 1/1963 3/ 1/1998 9/ 1/1998 679.28 699.64 5.99% 6.34% 10/1962 -11/1962 1/ 1/1998 7/ 1/1998 676.48 696.80 6.01% 6.33% 9/1962 - 9/1962 12/ 1/1997 6/ 1/1998 676.48 696.76 6.00% 6.33% 8/1962 - 8/1962 11/ 1/1997 5/ 1/1998 671.72 691.84 5.99% 6.31% 6/1962 - 7/1962 3/ 1/1998 9/ 1/1998 685.28 705.84 6.00% 6.28% 4/1962 - 5/1962 1/ 1/1998 7/ 1/1998 683.52 704.00 5.99% 6.27% 3/1962 - 3/1962 12/ 1/1997 6/ 1/1998 683.56 704.08 6.00% 6.27% 2/1962 - 2/1962 11/ 1/1997 5/ 1/1998 678.64 699.00 6.00% 6.25% 12/1961 - 1/1962 3/ 1/1998 9/ 1/1998 692.28 713.04 6.00% 6.22% 10/1961 -11/1961 1/ 1/1998 7/ 1/1998 690.28 711.00 6.00% 6.21% 9/1961 - 9/1961 12/ 1/1997 6/ 1/1998 690.32 711.04 6.00% 6.21% 8/1961 - 8/1961 11/ 1/1997 5/ 1/1998 682.68 703.16 6.00% 6.18% 6/1961 - 7/1961 3/ 1/1998 9/ 1/1998 696.52 717.40 6.00% 6.15% 4/1961 - 5/1961 1/ 1/1998 7/ 1/1998 694.48 715.28 5.99% 6.15% 3/1961 - 3/1961 12/ 1/1997 6/ 1/1998 694.48 715.32 6.00% 6.15% 2/1961 - 2/1961 11/ 1/1997 5/ 1/1998 686.56 707.16 6.00% 6.12% 12/1960 - 1/1961 3/ 1/1998 9/ 1/1998 700.44 721.48 6.01% 6.09% 10/1960 -11/1960 1/ 1/1998 7/ 1/1998 699.04 720.04 6.01% 6.08% 9/1960 - 9/1960 12/ 1/1997 6/ 1/1998 699.04 720.00 6.00% 6.08% 8/1960 - 8/1960 11/ 1/1997 5/ 1/1998 691.04 711.76 6.00% 6.05% 6/1960 - 7/1960 3/ 1/1998 9/ 1/1998 705.04 719.16 4.01% 6.00% 3/1960 - 5/1960 12/ 1/1997 6/ 1/1998 703.84 717.92 4.00% 5.99% 2/1960 - 2/1960 11/ 1/1997 5/ 1/1998 695.84 709.76 4.00% 5.96% 12/1959 - 1/1960 3/ 1/1998 9/ 1/1998 703.00 717.04 3.99% 5.91% 10/1959 -11/1959 1/ 1/1998 7/ 1/1998 701.40 715.44 4.00% 5.91% 9/1959 - 9/1959 12/ 1/1997 6/ 1/1998 701.36 715.36 3.99% 5.91% 8/1959 - 8/1959 11/ 1/1997 5/ 1/1998 693.56 707.44 4.00% 5.88% 6/1959 - 7/1959 3/ 1/1998 9/ 1/1998 703.36 722.28 5.38% 5.85% 1/1959 - 5/1959 12/ 1/1997 6/ 1/1998 733.96 748.64 4.00% 5.92% 12/1958 -12/1958 11/ 1/1997 5/ 1/1998 725.56 740.08 4.00% 5.89% 8/1958 -11/1958 1/ 1/1998 7/ 1/1998 729.80 744.40 4.00% 5.83% 8/1958 -10/1958 7/ 1/1998* 8/ 1/1998 744.40 746.84 3.97% 5.83% 7/1958 - 7/1958 12/ 1/1997 6/ 1/1998 729.84 744.44 4.00% 5.83% 7/1958 - 7/1958 6/ 1/1998* 7/ 1/1998 744.44 746.88 3.97% 5.83% 6/1958 - 6/1958 11/ 1/1997 5/ 1/1998 721.28 735.68 3.99% 5.80% 6/1958 - 6/1958 5/ 1/1998* 6/ 1/1998 735.68 738.12 4.01% 5.80% 1/1958 - 5/1958 12/ 1/1997* 1/ 1/1998 728.36 732.48 6.88% 5.78% 12/1957 -12/1957 11/ 1/1997*12/ 1/1997 719.80 723.88 6.90% 5.75% 5/1941 -11/1957 These bonds cease to earn interest 40 years from date of issue. ===================================================================================================== * Earning period is less than six months to achieve final maturity at 40 years. ** Each "Start Date" and "End Date" is for the first date of the range in the "Issue Dates" column. Add one month for each later issue month. For example, a bond issued in 1/1980 would be worth $275.08 on 1/ 1/1998 and $280.60 on 7/ 1/1998. ===================================================================================================== VALUES AND YIELDS FOR $100 SAVINGS NOTES November 1997 Thru October 1998 6/1970 -10/1970 12/ 1/1997 6/ 1/1998 502.48 512.56 4.01% 6.70% 5/1970 - 5/1970 11/ 1/1997 5/ 1/1998 500.12 510.12 4.00% 6.68% 1/1970 - 4/1970 1/ 1/1998 7/ 1/1998 505.20 515.28 3.99% 6.60% 12/1969 -12/1969 12/ 1/1997 6/ 1/1998 505.16 515.24 3.99% 6.60% 11/1969 -11/1969 11/ 1/1997 5/ 1/1998 502.84 512.92 4.01% 6.58% 6/1969 -10/1969 12/ 1/1997 6/ 1/1998 508.00 518.16 4.00% 6.50% 5/1969 - 5/1969 11/ 1/1997 5/ 1/1998 505.44 515.56 4.00% 6.49% 12/1968 - 4/1969 12/ 1/1997 6/ 1/1998 516.60 530.48 5.37% 6.47% 11/1968 -11/1968 11/ 1/1997 5/ 1/1998 513.84 527.64 5.37% 6.45% 9/1968 -10/1968 3/ 1/1998 9/ 1/1998 530.48 544.72 5.37% 6.45% 6/1968 - 8/1968 12/ 1/1997 6/ 1/1998 565.72 582.72 6.01% 6.69% 5/1968 - 5/1968 11/ 1/1997 5/ 1/1998 556.76 573.48 6.01% 6.63% 5/1967 - 4/1968 These notes cease to earn interest 30 years from date of issue. ===================================================================================================== ** Each "Start Date" and "End Date" is for the first date of the range in the "Issue Dates" column. Add one month for each later issue month. For example, a bond issued in 8/1970 would be worth $502.48 on 2/ 1/1998 and $513.56 on 8/ 1/1998. ===================================================================================================== MARKET-BASED SAVINGS BOND RATES Bonds issue-dated May 1, 1997 and later -- Bonds issue-dated May 1, 1997 and later earn interest at the savings bond rates specified in the table. Savings bond rates are determined each May 1 and November 1. Rates apply to the first semiannual earning period beginning on or after the effective date. EFFECTIVE SAVINGS BOND DATE RATE MAY 1, 1997 5.68% NOV 1, 1997 5.59% Bonds issue-dated May 1, 1995 through April 1, 1997 -- Bonds issue-dated May 1, 1995 thrugh April 1, 1997 earn interest at the rates specified in the table. Rates are determined each May 1 and November 1. Rates apply to the first semiannual earning period beginning on or after the effective date EFFECTIVE SHORT-TERM LONG-TERM DATE RATE RATE MAY 1, 1995 5.25% 6.31% NOV 1, 1995 4.75% 5.16% MAY 1, 1996 4.36% 4.85% NOV 1, 1996 4.56% 5.53% MAY 1, 1997 4.63% 5.36% NOV 1, 1997 4.53% 5.28% Bonds issue-dated before May 1, 1995 -- The 5-year Treasury securities yields shown, which apply to bonds/notes issue-dated before May 1, 1995 and held for at least five years, are calculated each May 1 and November 1. The market-based savings bond rate is set at 85% of the average of these rates for the applicable earning periods. The market-based rate is rounded to the nearest one-hundredth of one percent for bonds issued May 1, 1989 and later, and for bonds/notes which entered an extended maturity period on or after that date; otherwise, the rate is rounded to the nearest one-quarter of one percent. The rounded rate is applied to the entire period for which the bond/note is entitled to market-based earnings. EFFECTIVE 5-YEAR TREASURY DATE SECURITIES YIELDS NOV 1, 1982 13.05% MAY 1, 1983 10.17% NOV 1, 1983 11.04% MAY 1, 1984 11.71% NOV 1, 1984 12.87% MAY 1, 1985 11.17% NOV 1, 1985 9.83% MAY 1, 1986 8.26% NOV 1, 1986 7.13% MAY 1, 1987 6.87% NOV 1, 1987 8.44% MAY 1, 1988 8.12% NOV 1, 1988 8.65% MAY 1, 1989 9.19% NOV 1, 1989 8.21% MAY 1, 1990 8.25% NOV 1, 1990 8.46% MAY 1, 1991 7.73% NOV 1, 1991 7.50% MAY 1, 1992 6.56% NOV 1, 1992 5.93% MAY 1, 1993 5.62% NOV 1, 1993 5.00% MAY 1, 1994 5.53% NOV 1, 1994 6.96% MAY 1, 1995 7.42% NOV 1, 1995 6.08% MAY 1, 1996 5.70% NOV 1, 1996 6.51% MAY 1, 1997 6.31% NOV 1, 1997 6.21%