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Applicable Federal Rates for 2003

Short-Term Rates for 2003
Month Annual Semiann. Quarterly Monthly

Jan-2003

1.81%

1.80%

1.80%

1.79%

Feb-2003

1.65%

1.64%

1.64%

1.63%

Mar-2003

1.58%

1.57%

1.57%

1.56%

Apr-2003

1.46%

1.45%

1.45%

1.45%

May-2003

1.53%

1.52%

1.52%

1.52%

Jun-2003

1.49%

1.48%

1.48%

1.48%

Jul-2003

1.23%

1.23%

1.23%

1.23%

Aug-2003

1.21%

1.21%

1.21%

1.21%

Sep-2003

1.52%

1.51%

1.51%

1.51%

Oct-2003

1.68%

1.67%

1.67%

1.66%

Nov-2003

1.50%

1.49%

1.49%

1.49%

Dec-2003

1.68%

1.67%

1.67%

1.66%

Mid-Term Rates for 2003
Month Annual Semiann. Quarterly Monthly

Jan-2003

3.43%

3.40%

3.39%

3.38%

Feb-2003

3.27%

3.24%

3.23%

3.22%

Mar-2003

3.24%

3.21%

3.20%

3.19%

Apr-2003

2.96%

2.94%

2.93%

2.92%

May-2003

3.17%

3.15%

3.14%

3.13%

Jun-2003

3.06%

3.04%

3.03%

3.02%

Jul-2003

2.55%

2.53%

2.52%

2.52%

Aug-2003

2.70%

2.68%

2.67%

2.67%

Sep-2003

3.43%

3.40%

3.39%

3.38%

Oct-2003

3.65%

3.62%

3.60%

3.59%

Nov-2003

3.32%

3.29%

3.28%

3.27%

Dec-2003

3.55%

3.52%

3.50%

3.49%

Long-Term Rates for 2003
Month Annual Semiann. Quarterly Monthly

Jan-2003

4.90%

4.84%

4.81%

4.79%

Feb-2003

4.85%

4.79%

4.76%

4.74%

Mar-2003

4.80%

4.74%

4.71%

4.69%

Apr-2003

4.58%

4.53%

4.50%

4.49%

May-2003

4.79%

4.73%

4.70%

4.68%

Jun-2003

4.65%

4.60%

4.57%

4.56%

Jul-2003

4.17%

4.13%

4.11%

4.09%

Aug-2003

4.36%

4.31%

4.29%

4.27%

Sep-2003

5.08%

5.02%

4.99%

4.97%

Oct-2003

5.23%

5.16%

5.13%

5.11%

Nov-2003

4.99%

4.93%

4.90%

4.88%

Dec-2003

5.12%

5.06%

5.03%

5.01%


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Evans Law Office
Daniel B. Evans, Attorney at Law
P.O. Box 27370
Philadelphia, PA 19118
Telephone: (866) 348-4250
Email: dan@evans-legal.com