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INTEREST RATES AND PRICES

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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%