These are some of the rates published each month by the Internal Revenue Service in accordance with section 1274(d) of the Internal Revenue Code.
The federal "short-term rate" is determined from a one-month average of the market yields from marketable obligations of the United States with maturities of 3 years or less. The "mid-term rate" is determined from obligations with maturities of more than 3 years but not more than 9 years, and the "long-term rate" is determined from obligations with maturities of more than 9 years.
These rates are used for a number of different purposes under the Internal Revenue Code, including the determinations of original issue discount and unstated interest and the gift tax and income tax consequences of below-market loans under section 7872. (However, interest on demand loans with a fixed principal amount outstanding for an entire year can be determined using the "blended annual rate" described in section 7872(e)(2)(A) of the Internal Revenue Code.)
| Month | Annual | Semiann. | Quarterly | Monthly |
|---|---|---|---|---|
| Jan-2010 | 0.57% | 0.57% | 0.57% | 0.57% |
| Feb-2010 | 0.72% | 0.72% | 0.72% | 0.72% |
| Mar-2010 | 0.64% | 0.64% | 0.64% | 0.64% |
| Apr-2010 | 0.67% | 0.67% | 0.67% | 0.67% |
| May-2010 | 0.79% | 0.79% | 0.79% | 0.79% |
| Jun-2010 | 0.74% | 0.74% | 0.74% | 0.74% |
| Jul-2010 | 0.61% | 0.61% | 0.61% | 0.61% |
| Aug-2010 | 0.53% | 0.53% | 0.53% | 0.53% |
| Sep-2010 | 0.46% | 0.46% | 0.46% | 0.46% |
| Month | Annual | Semiann. | Quarterly | Monthly |
|---|---|---|---|---|
| Jan-2010 | 2.45% | 2.44% | 2.43% | 2.43% |
| Feb-2010 | 2.82% | 2.80% | 2.79% | 2.78% |
| Mar-2010 | 2.69% | 2.67% | 2.66% | 2.66% |
| Apr-2010 | 2.70% | 2.68% | 2.67% | 2.67% |
| May-2010 | 2.87% | 2.85% | 2.84% | 2.83% |
| Jun-2010 | 2.72% | 2.70% | 2.69% | 2.68% |
| Jul-2010 | 2.35% | 2.34% | 2.33% | 2.33% |
| Aug-2010 | 2.18% | 2.17% | 2.16% | 2.16% |
| Sep-2010 | 1.94% | 1.93% | 1.93% | 1.92% |
| Month | Annual | Semiann. | Quarterly | Monthly |
|---|---|---|---|---|
| Jan-2010 | 4.11% | 4.07% | 4.05% | 4.04% |
| Feb-2010 | 4.44% | 4.39% | 4.37% | 4.35% |
| Mar-2010 | 4.35% | 4.30% | 4.28% | 4.26% |
| Apr-2010 | 4.40% | 4.35% | 4.33% | 4.31% |
| May-2010 | 4.47% | 4.42% | 4.40% | 4.38% |
| Jun-2010 | 4.30% | 4.25% | 4.23% | 4.21% |
| Jul-2010 | 3.94% | 3.90% | 3.88% | 3.87% |
| Aug-2010 | 3.79% | 3.75% | 3.73% | 3.72% |
| Sep-2010 | 3.66% | 3.63% | 3.61% | 3.60% |