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Current Bond Rates
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CURRENT BOND
RATES |
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Thursday, January 07, 2010 |
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Interest
Rates: |
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tax-exempt- |
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floating: |
0.26% |
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fixed: |
3.21% (effective 1/1/10) |
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taxable- |
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floating: |
0.70% - 1.15% |
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fixed: |
4.07% |
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General notes:
- Rates are posted weekly. These rates are for the
date indicated above. For intra-week rates,
Contact Dan.
- These are interest rates on revenue bonds that are
variable rate demand bonds; i.e., floating. These can be
synthetically fixed via interest rate swaps, as noted
below.
- Tax-exempt rates are for industrial development
revenue bonds (IDB’s”) that are subject to the AMT and
are 7 day general market quotes.
- Taxable rates are for taxable IDB’s or for taxable
“corporate bonds”.
- Fixed rates are for 10 year terms via swaps.
- All rates are market extracted and approximations,
and are not guaranteed.
- These rates do not reflect all-in costs; e.g.,
annual letter of credit fees are not included.
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