Treasury Current Value of Funds Rate
Historical Rates
Prior to 1978, federal agencies determined their own interest rates for overdue debt. Following are the rates in effect during the specified periods from March 1978 to date:
| Time Period | Rate | TFM Bulletin Number | Federal Register
(Volume/Date/Page) |
|---|---|---|---|
| Jan. 1, 2018 - Dec. 31, 2018 | 1.00% | 2018-01 | Vol. 82 / Oct. 27, 2017 / 49934 |
| Jan. 1, 2017 - Dec. 31, 2017 | 1.00% | 2017-02 | Vol. 81 / Nov. 21, 2016 / 83331 |
| Jan. 1, 2016 - Dec. 31, 2016 | 1.00% | 2016-03 | Vol. 80 / Nov. 10, 2015 / 69777 |
| Jan. 1, 2015 - Dec. 31, 2015 | 1.00% | 2015-02 | Vol. 79 / Nov. 4, 2014 / 65479 |
| Jan. 1, 2014 - Dec. 31, 2014 | 1.00% | 2014-02 | Vol. 78 / Oct. 31, 2013 / 65430 |
| Jan. 1, 2013 - Dec. 31, 2013 | 1.00% | 2013-13 | Vol. 77 / Nov. 16, 2012 / 68886 |
| Jan. 1, 2012 - Dec. 31, 2012 | 1.00% | 2012-02 | Vol. 76 / Nov. 23, 2011 / 72498 |
| Jan. 1, 2011 - Dec. 31, 2011 | 1.00% | 2011-03 | Vol. 75 / Oct. 26, 2010 / 65710 |
| Jan. 1, 2010 - Dec. 31, 2010 | 1.00% | 2010-02 | Vol. 74 / Nov. 25, 2009 / 61735 |
| Jan. 1, 2009 - Dec. 31, 2009 | 3.00% | 2009-02 | Vol. 73 / Oct 17, 2008 / 61932 |
| July 1, 2008 - Dec. 31, 2008 | 3.00% | 2008-07 | Vol. 73 / July 17, 2008 / 41167 |
| Jan. 1, 2008 - June 30, 2008 | 5.00% | 2008-04 | Vol. 72 / Oct. 29, 2007 / 61212 |
| Jan. 1, 2007 - Dec. 31, 2007 | 4.00% | 2007-02 | Vol. 71 / Oct. 18, 2006 / 61539 |
| July 1, 2006 - Dec. 31, 2006 | 4.00% | 2006-10 | Vol. 71 / July 28, 2006 / 42894 |
| Jan. 1, 2006 - June 30, 2006 | 2.00% | 2006-02 | Vol. 70 / Nov. 1, 2005 / 65980 |
| Jan. 1, 2005 - Dec. 31, 2005 | 1.00% | 2005-02 | Vol. 69 / Nov. 2, 2004 / 63570 |
| Jan. 1, 2004 - Dec. 31, 2004 | 1.00% | 2004-03 | Vol. 68 / Oct. 30, 2003 / 61865 |
| Jan. 1, 2003 - Dec. 31, 2003 | 2.00% | 2003-02 | Vol. 67 / Oct. 23, 2002 / 65187 |
| July 1, 2002 - Dec. 31, 2002 | 3.00% | 2002-05 | Vol. 66 / Apr. 24, 2002 / 20203 |
| Jan. 1, 2002 - June 30, 2002 | 5.00% | 2002-02 | Vol. 66 / Oct. 25, 2002 / 54060 |
| Jan. 1, 2001 - Dec. 31, 2001 | 6.00% | 2001-02 | Vol. 65 / Oct. 31, 2000 / 65040 |
| Jan. 1, 2000 - Dec. 31, 2000 | 5.00% | 2000-03 | Vol. 64 / Oct. 29, 1999 / 58467 |
| Jan. 1, 1999 - Dec. 31, 1999 | 5.00% | 1999-03 | Vol. 63 / Oct. 30, 1998 / 58457 |
| Jan. 1, 1998 - Dec. 31, 1998 | 5.00% | 1998-05 | Vol. 62 / Oct. 28, 1997 / 55848 |
| Jan. 1, 1997 - Dec. 31, 1997 | 5.00% | 1997-02 | Vol. 61 / Oct. 30, 1996 / 56086 |
| Jan. 1, 1996 - Dec. 31, 1996 | 5.00% | 1996-02 | Vol. 60 / Oct. 26, 1995 / 54911 |
| July 1, 1995 - Dec. 31, 1995 | 5.00% | 1995-08 | Vol. 60 / Apr. 28, 1995 / 21024 |
| Jan. 1, 1995 - June 30, 1995 | 3.00% | 1995-06 | Vol. 59 / Nov. 1, 1994 / 54672 |
| Jan. 1, 1994 - Dec. 31, 1994 | 3.00% | 1994-03 | Vol. 58 / Oct. 28, 1993 / 58037 |
| Jan. 1, 1993 - Dec. 31, 1993 | 4.00% | 1993-02 | Vol. 57 / Oct. 27, 1992 / 48651 |
| Jan. 1, 1992 - Dec. 31, 1992 | 6.00% | 1992-03 | Vol. 56 / Oct. 28, 1991 / 55521 |
| Jan. 1, 1991 - Dec. 31, 1991 | 8.00% | 1991-02 | Vol. 55 / Oct. 30, 1990 / 45710 |
| Jan. 1, 1990 - Dec. 31, 1990 | 9.00% | 1990-02 | Vol. 54 / Oct. 31, 1989 / 45886 |
| Jan. 1, 1989 - Dec. 31, 1989 | 7.00% | 1989-02 | Vol. 53 / Nov. 15, 1988 / 46010 |
| Jan. 1, 1988 - Dec. 31, 1988 | 6.00% | 1988-02 | Vol. 52 / Nov. 30, 1987 / 45523 |
| Jan. 1, 1987 - Dec. 31, 1987 | 7.00% | 1987-03 | Vol. 51 / Nov. 25, 1986 / 42673 |
| Jan. 1, 1986 - Dec. 31, 1986 | 8.00% | 1986-02 | Vol. 50 / Oct. 31, 1985 / 45524 |
| Oct. 1, 1985 - Dec. 31, 1985 | 9.00% | 1985-16 | Vol. 50 / Aug. 5, 1985 / 31668 |
| July 1, 1985 - Sep. 30, 1985 | 9.00% | 1985-11 | Vol. 50 / May 2, 1985 / 18761 |
| Apr. 1, 1985 - June 30, 1985 | 9.00% | 1985-05 | Vol. 50 / Jan. 31, 1985 / 4609 |
| Jan. 1, 1985 - Mar. 31, 1985 | 9.00% | 1985-04 | Vol. 49 / Oct. 31, 1984 / 43830 |
| Oct. 1, 1984 - Dec. 31, 1984 | 9.00% | 1984-17 | Vol. 49 / Aug. 3, 1984 / 31190 |
| July 1, 1984 - Sep. 30, 1984 | 9.00% | 1984-12 | Vol. 49 / Apr. 30, 1984 / 18373 |
| Apr. 1, 1984 - June 30, 1984 | 9.00% | 1984-09 | Vol. 49 / Jan. 27, 1984 / 3560 |
| Jan. 1, 1984 - Mar. 31, 1984 | 9.00% | 1984-04 | Vol. 48 / Oct. 26, 1983 / 49571 |
| Oct. 1, 1983 - Dec. 31, 1983 | 9.00% | 1983-29 | Vol. 48 / July 26, 1983 / 33961 |
| July 1, 1983 - Sep. 30, 1983 | 11.00% | 1983-21 | Vol. 48 / May 2, 1983 / 19814 |
| Apr. 1, 1983 - June 30, 1983 | 13.00% | 1983-15 | Vol. 48 / Jan. 25, 1983 / 3443 |
| Jan. 1, 1983 - Mar. 31, 1983 | 13.00% | 1983-05 | Vol. 47 / Oct. 29, 1982 / 49137 |
| Oct. 1, 1982 - Dec. 31, 1982 | 11.98% | 1982-26 | Vol. 47 / Sep. 20, 1982 / 41459 |
| July 1, 1982 - Sep. 30, 1982 | 14.26% | 1982-16 | Vol. 47 / June 18, 1982 / 26489 |
| Apr. 1, 1982 - June 30, 1982 | 13.22% | 1982-09 | Vol. 47 / Mar. 19, 1982 / 12006 |
| Jan. 1, 1982 - Mar. 31, 1982 | 14.39% | 1982-05 | Vol. 46 / Dec. 16, 1981 / 61383 |
| Oct. 1, 1981 - Dec. 31, 1981 | 18.35% | 1981-14 | Vol. 46 / Sep. 17, 1981 / 46273 |
| July 1, 1981 - Sep. 30, 1981 | 16.19% | 1981-09 | Vol. 46 / June 17, 1981 / 31804 |
| Apr. 1, 1981 - June 30, 1981 | 17.74% | 1981-06 | Vol. 46 / Mar. 25, 1981 / 18637 |
| Jan. 1, 1981 - Mar. 31, 1981 | 13.14% | 1981-04 | |
| Oct. 1, 1980 - Dec. 31, 1980 | 9.09% | 1980-11 | |
| July 1, 1980 - Sep. 30, 1980 | 14.72% | 1980-08 | |
| Mar. 31, 1978 - June 30, 1980 | 9.00% |
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