Current Bond Rates

CURRENT BOND RATES

Thursday, January 07, 2010
 

Interest Rates:

 
tax-exempt-

floating:

0.26%

fixed:

3.21% (effective 1/1/10)
taxable-

floating:

0.70% - 1.15%

fixed:

4.07%
                                   

General notes:

  1. Rates are posted weekly. These rates are for the date indicated above. For intra-week rates, Contact Dan.
  2. 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.
  3. Tax-exempt rates are for industrial development revenue bonds (IDB’s”) that are subject to the AMT and are 7 day general market quotes.
  4. Taxable rates are for taxable IDB’s or for taxable “corporate bonds”.
  5. Fixed rates are for 10 year terms via swaps.
  6. All rates are market extracted and approximations, and are not guaranteed.
  7. These rates do not reflect all-in costs; e.g., annual letter of credit fees are not included.