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-2013 | 0.21% | 0.21% | 0.21% | 0.21% |
| Feb-2013 | 0.21% | 0.21% | 0.21% | 0.21% |
| Mar-2013 | 0.22% | 0.22% | 0.22% | 0.22% |
| Apr-2013 | 0.22% | 0.22% | 0.22% | 0.22% |
| May-2013 | 0.20% | 0.20% | 0.20% | 0.20% |
| Jun-2013 | 0.18% | 0.18% | 0.18% | 0.18% |
| Month | Annual | Semiann. | Quarterly | Monthly |
|---|---|---|---|---|
| Jan-2013 | 0.87% | 0.87% | 0.87% | 0.87% |
| Feb-2013 | 1.01% | 1.01% | 1.01% | 1.01% |
| Mar-2013 | 1.09% | 1.09% | 1.09% | 1.09% |
| Apr-2013 | 1.09% | 1.09% | 1.09% | 1.09% |
| May-2013 | 1.00% | 1.00% | 1.00% | 1.00% |
| Jun-2013 | 0.95% | 0.95% | 0.95% | 0.95% |
| Month | Annual | Semiann. | Quarterly | Monthly |
|---|---|---|---|---|
| Jan-2013 | 2.31% | 2.30% | 2.29% | 2.29% |
| Feb-2013 | 2.52% | 2.50% | 2.49% | 2.49% |
| Mar-2013 | 2.66% | 2.64% | 2.63% | 2.63% |
| Apr-2013 | 2.70% | 2.68% | 2.67% | 2.67% |
| May-2013 | 2.60% | 2.58% | 2.57% | 2.57% |
| Jun-2013 | 2.47% | 2.45% | 2.44% | 2.44% |