Semi-Annual Interest Rate Certification
In February of 1997, the Fiscal Assistant Secretary of the U.S. Department of the Treasury delegated to the Bureau of the Public Debt the responsibility of providing interest rate certification to various agencies.
The following table contains rates certified by Treasury for various statutory purposes.
| Legislation | Effective Rate | |
|---|---|---|
| Jan - Jun 2007 | Jul - Dec 2007 | |
| National Housing Act - Section 221(g)(4) | 4-7/8% | 4-3/4% |
| National Housing Act - Section 224 | 4-3/4% | 5.00% |
| Alaska Native Claims Act - Public Law 94-204, Section 2(b) | 4.81% | unavailable |
| Prompt Payment Act / Contract Disputes Act | 5.25% | 5.75% |
