Applicable Federal Rates for 1998

Mid-Term Rates for 1998

Month	Annual	Semiann.	Quarterly	Monthly
Jan-98	5.93%	5.84%	5.80%	5.77%
Feb-98	5.69%	5.61%	5.57%	5.55%
Mar-98	5.59%	5.51%	5.47%	5.45%
Apr-98	5.70%	5.62%	5.58%	5.56%
May-98	5.69%	5.61%	5.57%	5.55%
Jun-98	5.77%	5.69%	5.65%	5.62%
Jul-98	5.68%	5.60%	5.56%	5.54%
Aug-98	5.57%	5.49%	5.45%	5.43%
Sep-98	5.54%	5.47%	5.43%	5.41%
Oct-98	5.12%	5.06%	5.03%	5.01%
Nov-98	4.51%	4.46%	4.44%	4.42%
Dec-98	4.52%	4.47%	4.45%	4.43%

Long-Term Rates for 1998

Month	Annual	Semiann.	Quarterly	Monthly
Jan-98	6.13%	6.04%	6.00%	5.97%
Feb-98	5.93%	5.84%	5.80%	5.77%
Mar-98	5.91%	5.83%	5.79%	5.76%
Apr-98	5.98%	5.89%	5.85%	5.82%
May-98	5.94%	5.85%	5.81%	5.78%
Jun-98	6.02%	5.93%	5.89%	5.86%
Jul-98	5.88%	5.80%	5.76%	5.73%
Aug-98	5.72%	5.64%	5.60%	5.57%
Sep-98	5.74%	5.66%	5.62%	5.59%
Oct-98	5.46%	5.39%	5.35%	5.33%
Nov-98	5.10%	5.04%	5.01%	4.99%
Dec-98	5.25%	5.18%	5.15%	5.12%