Average Interest Rates on U.S. Treasury Securities

Public Debt Reports

For the month of February 2022

Note: Average Interest Rates are calculated on the total unmatured interest-bearing debt. The average interest rates for total marketable, total non-marketable and total interest-bearing debt do not include the U.S. Treasury Inflation-Protected Securities and Treasury Floating Rate Notes.

For average interest rates prior to the current month, please visit https://fiscaldata.treasury.gov/datasets/average-interest-rates-treasury-securities/average-interest-rates-on-u-s-treasury-securities

* The Average Interest Rates for Total Marketable, Total Nonmarketable, and Total Interest-bearing Debt do not include the Treasury Inflation-Indexed Securities and the Treasury Floating Rate Notes.

Excel Version
Title	Average Interest Rates
Title	February 28, 2022	February 28, 2021
Interest-bearing Debt:
Marketable:
Treasury Bills	0.103	0.109
Treasury Notes	1.396	1.713
Treasury Bonds	3.016	3.364
Treasury Inflation-Protected Securities (TIPS)	0.433	0.585
Treasury Floating Rate Note (FRN)	0.234	0.229
Federal Financing Bank	2.598	2.644
Total Marketable	1.424*	1.541
Non-marketable:
Domestic Series	7.577	7.577
Special Purpose Vehicle	0.140	0.050
Foreign Series	7.312	7.312
State and Local Government Series	0.755	0.950
United States Savings Securities	2.512	2.646
United States Savings Inflation Securities	7.054	3.105
Government Account Series	2.040	2.201
Government Account Series Inflation Securities	0.991	1.105
Total Non-marketable	2.021*	2.170
Total Interest-bearing Debt	1.556*	1.687