| 
 
 
Nominal interest rates on special issues (percent)
| Month | 
1937 | 
1938 | 
1939 | 
1940 | 
1941 | 
1942 | 
1943 | 
1944 | 
1945 | 
1946 | 
1947 |  
| January | 
3.000 | 
3.000 | 
3.000 | 
2.500 | 
2.500 | 
2.375 | 
2.000 | 
1.875 | 
1.875 | 
1.875 | 
2.000 |  
| February | 
3.000 | 
3.000 | 
3.000 | 
2.500 | 
2.500 | 
2.375 | 
2.000 | 
1.875 | 
1.875 | 
1.875 | 
2.000 |  
| March | 
3.000 | 
3.000 | 
3.000 | 
2.500 | 
2.500 | 
2.375 | 
2.000 | 
1.875 | 
1.875 | 
1.875 | 
2.000 |  
| April | 
3.000 | 
3.000 | 
3.000 | 
2.500 | 
2.500 | 
2.375 | 
2.000 | 
1.875 | 
1.875 | 
1.875 | 
2.000 |  
| May | 
3.000 | 
3.000 | 
3.000 | 
2.500 | 
2.500 | 
2.250 | 
1.875 | 
1.875 | 
1.875 | 
1.875 | 
2.000 |  
| June | 
3.000 | 
3.000 | 
3.000 | 
2.500 | 
2.500 | 
2.250 | 
1.875 | 
1.875 | 
1.875 | 
1.875 | 
2.000 |  
| July | 
3.000 | 
3.000 | 
3.000 | 
2.500 | 
2.500 | 
2.250 | 
1.875 | 
1.875 | 
1.875 | 
1.875 | 
2.000 |  
| August | 
3.000 | 
3.000 | 
3.000 | 
2.500 | 
2.500 | 
2.125 | 
1.875 | 
1.875 | 
1.875 | 
2.000 | 
2.000 |  
| September | 
3.000 | 
3.000 | 
3.000 | 
2.500 | 
2.375 | 
2.125 | 
1.875 | 
1.875 | 
1.875 | 
2.000 | 
2.000 |  
| October | 
3.000 | 
3.000 | 
3.000 | 
2.500 | 
2.375 | 
2.125 | 
1.875 | 
1.875 | 
1.875 | 
2.000 | 
2.125 |  
| November | 
3.000 | 
3.000 | 
3.000 | 
2.500 | 
2.375 | 
2.125 | 
1.875 | 
1.875 | 
1.875 | 
2.000 | 
2.125 |  
| December | 
3.000 | 
3.000 | 
3.000 | 
2.500 | 
2.375 | 
2.000 | 
1.875 | 
1.875 | 
1.875 | 
2.000 | 
2.125 |  
 
 
|   | 
1948 | 
1949 | 
1950 | 
1951 | 
1952 | 
1953 | 
1954 | 
1955 | 
1956 | 
1957 | 
1958 |  
| January | 
2.125 | 
2.125 | 
2.125 | 
2.125 | 
2.250 | 
2.250 | 
2.375 | 
2.250 | 
2.375 | 
2.500 | 
2.500 |  
| February | 
2.125 | 
2.125 | 
2.125 | 
2.125 | 
2.250 | 
2.250 | 
2.375 | 
2.250 | 
2.375 | 
2.500 | 
2.500 |  
| March | 
2.125 | 
2.125 | 
2.125 | 
2.125 | 
2.250 | 
2.375 | 
2.375 | 
2.250 | 
2.375 | 
2.500 | 
2.500 |  
| April | 
2.125 | 
2.125 | 
2.125 | 
2.125 | 
2.250 | 
2.375 | 
2.375 | 
2.250 | 
2.500 | 
2.500 | 
2.500 |  
| May | 
2.125 | 
2.125 | 
2.125 | 
2.125 | 
2.250 | 
2.375 | 
2.375 | 
2.250 | 
2.500 | 
2.500 | 
2.500 |  
| June | 
2.125 | 
2.125 | 
2.125 | 
2.125 | 
2.250 | 
2.375 | 
2.250 | 
2.250 | 
2.500 | 
2.500 | 
2.500 |  
| July | 
2.125 | 
2.125 | 
2.125 | 
2.250 | 
2.250 | 
2.375 | 
2.250 | 
2.250 | 
2.500 | 
2.500 | 
2.625 |  
| August | 
2.125 | 
2.125 | 
2.125 | 
2.250 | 
2.250 | 
2.375 | 
2.250 | 
2.250 | 
2.500 | 
2.500 | 
2.625 |  
| September | 
2.125 | 
2.125 | 
2.125 | 
2.250 | 
2.250 | 
2.375 | 
2.250 | 
2.375 | 
2.500 | 
2.500 | 
2.625 |  
| October | 
2.125 | 
2.125 | 
2.125 | 
2.250 | 
2.250 | 
2.375 | 
2.250 | 
2.375 | 
2.500 | 
2.500 | 
2.625 |  
| November | 
2.125 | 
2.125 | 
2.125 | 
2.250 | 
2.250 | 
2.375 | 
2.250 | 
2.375 | 
2.500 | 
2.500 | 
2.625 |  
| December | 
2.125 | 
2.125 | 
2.125 | 
2.250 | 
2.250 | 
2.375 | 
2.250 | 
2.375 | 
2.500 | 
2.500 | 
2.625 |  
 
 
|   | 
1959 | 
1960 | 
1961 | 
1962 | 
1963 | 
1964 | 
1965 | 
1966 | 
1967 | 
1968 | 
1969 |  
| January | 
2.625 | 
2.625 | 
3.750 | 
4.000 | 
3.750 | 
4.125 | 
4.125 | 
4.625 | 
4.625 | 
5.625 | 
6.000 |  
| February | 
2.625 | 
2.625 | 
3.750 | 
4.000 | 
3.750 | 
4.125 | 
4.125 | 
4.750 | 
4.500 | 
5.375 | 
6.125 |  
| March | 
2.625 | 
2.625 | 
3.625 | 
3.875 | 
3.875 | 
4.125 | 
4.125 | 
5.000 | 
4.750 | 
5.375 | 
6.250 |  
| April | 
2.625 | 
2.625 | 
3.750 | 
3.750 | 
3.875 | 
4.250 | 
4.125 | 
4.750 | 
4.375 | 
5.625 | 
6.250 |  
| May | 
2.625 | 
2.625 | 
3.625 | 
3.750 | 
3.875 | 
4.125 | 
4.125 | 
4.750 | 
4.750 | 
5.625 | 
6.125 |  
| June | 
2.625 | 
2.625 | 
3.750 | 
3.750 | 
3.875 | 
4.125 | 
4.125 | 
4.875 | 
4.750 | 
5.625 | 
6.500 |  
| July | 
2.625 | 
2.625 | 
3.875 | 
3.875 | 
3.875 | 
4.125 | 
4.125 | 
5.000 | 
5.125 | 
5.500 | 
6.625 |  
| August | 
2.625 | 
2.625 | 
3.875 | 
4.000 | 
3.875 | 
4.125 | 
4.125 | 
5.125 | 
5.000 | 
5.250 | 
6.625 |  
| September | 
2.625 | 
2.625 | 
4.000 | 
3.875 | 
4.000 | 
4.125 | 
4.250 | 
5.375 | 
5.125 | 
5.375 | 
6.750 |  
| October | 
2.625 | 
3.625 | 
3.875 | 
3.875 | 
4.000 | 
4.125 | 
4.375 | 
5.125 | 
5.250 | 
5.375 | 
7.625 |  
| November | 
2.625 | 
3.750 | 
3.875 | 
3.750 | 
4.125 | 
4.125 | 
4.375 | 
5.000 | 
5.625 | 
5.500 | 
7.000 |  
| December | 
2.625 | 
4.000 | 
4.000 | 
3.750 | 
4.000 | 
4.125 | 
4.375 | 
5.000 | 
5.625 | 
5.625 | 
7.250 |  
 
 
  |   | 
  1970 | 
  1971 | 
  1972 | 
  1973 | 
  1974 | 
  1975 | 
  1976 | 
  1977 | 
  1978 | 
  1979 | 
 
   | January | 
   7.750 | 
   6.125 | 
   5.625 | 
   6.125 | 
   6.750 | 
   7.125 | 
   7.250 | 
   6.375 | 
   7.625 | 
   9.000 |  
| February | 
7.875 | 
5.875 | 
5.875 | 
6.375 | 
6.750 | 
7.125 | 
7.250 | 
7.125 | 
7.750 | 
8.750 | 
 
| March | 
7.000 | 
5.625 | 
5.750 | 
6.500 | 
6.875 | 
6.875 | 
7.250 | 
7.125 | 
7.875 | 
9.000 | 
 
| April | 
7.000 | 
5.250 | 
6.000 | 
6.625 | 
7.375 | 
7.250 | 
7.125 | 
7.125 | 
8.000 | 
8.875 | 
 
| May | 
7.625 | 
6.000 | 
5.875 | 
6.500 | 
7.750 | 
7.625 | 
7.125 | 
7.125 | 
8.000 | 
9.000 | 
 
| June | 
7.625 | 
6.125 | 
5.750 | 
6.625 | 
7.625 | 
7.375 | 
7.500 | 
7.125 | 
8.250 | 
8.750 | 
 
| July | 
7.500 | 
6.625 | 
6.000 | 
6.750 | 
7.875 | 
7.375 | 
7.375 | 
7.000 | 
8.375 | 
8.500 | 
 
| August | 
7.375 | 
6.750 | 
5.875 | 
7.500 | 
8.000 | 
7.500 | 
7.250 | 
7.125 | 
8.375 | 
8.750 | 
 
| September | 
7.250 | 
6.000 | 
6.125 | 
7.000 | 
8.125 | 
7.625 | 
7.125 | 
7.000 | 
8.250 | 
9.000 | 
 
| October | 
7.000 | 
5.875 | 
6.125 | 
6.500 | 
7.750 | 
7.875 | 
7.125 | 
7.125 | 
8.375 | 
9.250 | 
 
| November | 
7.000 | 
5.625 | 
6.125 | 
6.625 | 
7.625 | 
7.375 | 
6.875 | 
7.375 | 
8.875 | 
10.500 | 
 
| December | 
6.125 | 
5.875 | 
6.000 | 
6.625 | 
7.375 | 
7.625 | 
6.500 | 
7.375 | 
8.625 | 
10.000 | 
 
 
 
   |   | 
   1980 | 
   1981 | 
   1982 | 
   1983 | 
   1984 | 
   1985 | 
   1986 | 
   1987 | 
   1988 | 
   1989 | 
 
   | January | 
   10.000 | 
   11.875 | 
   13.500 | 
   10.500 | 
   11.750 | 
   11.500 | 
   9.125 | 
   7.500 | 
   8.875 | 
   9.250 | 
 
   | February | 
   10.750 | 
   12.125 | 
   13.750 | 
   10.875 | 
   11.500 | 
   11.125 | 
   9.250 | 
   7.375 | 
   8.250 | 
   9.000 | 
 
   | March | 
   12.375 | 
   12.875 | 
   13.625 | 
   10.375 | 
   11.875 | 
   11.875 | 
   8.375 | 
   7.375 | 
   8.125 | 
   9.375 | 
 
   | April | 
   12.250 | 
   12.500 | 
   13.625 | 
   10.625 | 
   12.375 | 
   11.625 | 
   7.625 | 
   7.625 | 
   8.625 | 
   9.375 | 
 
   | May | 
   10.375 | 
   13.500 | 
   13.250 | 
   10.250 | 
   12.625 | 
   11.375 | 
   7.625 | 
   8.375 | 
   8.875 | 
   9.125 | 
 
   | June | 
   9.750 | 
   13.000 | 
   13.250 | 
   10.750 | 
   13.750 | 
   10.375 | 
   8.375 | 
   8.625 | 
   9.250 | 
   8.750 | 
 
   | July | 
   9.625 | 
   13.250 | 
   13.875 | 
   10.875 | 
   13.750 | 
   10.250 | 
   7.750 | 
   8.500 | 
   8.875 | 
   8.250 | 
 
   | August | 
   10.125 | 
   14.000 | 
   13.250 | 
   11.750 | 
   12.875 | 
   10.625 | 
   7.750 | 
   8.750 | 
   9.125 | 
   7.875 | 
 
   | September | 
   11.125 | 
   14.875 | 
   12.250 | 
   11.875 | 
   12.750 | 
   10.375 | 
   7.250 | 
   9.000 | 
   9.250 | 
   8.375 | 
 
   | October | 
   11.500 | 
   15.250 | 
   11.625 | 
   11.375 | 
   12.375 | 
   10.375 | 
   7.750 | 
   9.625 | 
   8.875 | 
   8.500 | 
 
   | November | 
   12.000 | 
   14.250 | 
   10.625 | 
   11.625 | 
   11.625 | 
   10.125 | 
   7.625 | 
   9.000 | 
   8.625 | 
   8.000 | 
 
   | December | 
   12.125 | 
   12.500 | 
   10.750 | 
   11.500 | 
   11.500 | 
   9.750 | 
   7.375 | 
   9.000 | 
   9.125 | 
   8.000 | 
 
 
 
  
|   | 
1990 | 
1991 | 
1992 | 
1993 | 
1994 | 
1995 | 
1996 | 
1997 | 
1998 | 
1999 | 
 
  
    | January | 
     8.125 | 
     8.125 | 
     6.875 | 
     6.875 | 
     6.000 | 
     8.000 | 
     5.875 | 
     6.625 | 
     6.000 | 
     5.000 | 
   
  
    | February | 
     8.500 | 
     8.125 | 
     7.250 | 
     6.500 | 
     5.750 | 
     7.750 | 
     5.875 | 
     6.625 | 
     5.750 | 
     5.000 | 
   
  
    | March | 
     8.625 | 
     8.125 | 
     7.375 | 
     6.250 | 
     6.250 | 
     7.375 | 
     6.375 | 
     6.750 | 
     5.875 | 
     5.625 | 
   
  
    | April | 
     8.750 | 
     8.125 | 
     7.625 | 
     6.250 | 
     6.875 | 
     7.375 | 
     6.625 | 
     7.125 | 
     6.000 | 
     5.625 | 
   
  
    | May | 
     9.125 | 
     8.125 | 
     7.625 | 
     6.125 | 
     7.125 | 
     7.250 | 
     6.875 | 
     6.875 | 
     6.000 | 
     5.625 | 
   
  
    | June | 
     8.750 | 
     8.125 | 
     7.375 | 
     6.250 | 
     7.250 | 
     6.500 | 
     7.000 | 
     6.875 | 
     5.875 | 
     6.000 | 
   
  
    | July | 
     8.500 | 
     8.250 | 
     7.125 | 
     5.875 | 
     7.375 | 
     6.500 | 
     6.875 | 
     6.750 | 
     5.750 | 
     6.125 | 
   
  
    | August | 
     8.375 | 
     8.250 | 
     6.750 | 
     5.875 | 
     7.125 | 
     6.625 | 
     6.875 | 
     6.250 | 
     5.750 | 
     6.250 | 
   
  
    | September | 
     8.875 | 
     7.875 | 
     6.625 | 
     5.625 | 
     7.250 | 
     6.500 | 
     7.125 | 
     6.625 | 
     5.375 | 
     6.250 | 
   
  
    | October | 
     8.875 | 
     7.500 | 
     6.500 | 
     5.625 | 
     7.750 | 
     6.375 | 
     6.875 | 
     6.375 | 
     4.875 | 
     6.250 | 
   
  
    | November | 
     8.625 | 
     7.500 | 
     6.875 | 
     5.625 | 
     7.875 | 
     6.250 | 
     6.500 | 
     6.125 | 
     5.125 | 
     6.250 | 
   
  
    | December | 
     8.375 | 
     7.375 | 
     7.000 | 
     5.875 | 
     8.000 | 
     6.000 | 
     6.250 | 
     6.125 | 
     5.125 | 
     6.375 | 
   
  
  |  
    |