Rural Utilities Loan Interest Rates

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Water & Environmental Programs

Electric Programs

Hardship Loan Rate

On November 1, 1993, the Rural Electrification Loan Restructuring Act, Pub. L. 103-129, 107 Stat. 1356, (RELRA) amended the Rural Electrification Act of 1936, 7 U.S.C. 901 et seq., (RE Act) to establish a new interest rate structure for insured electric loans. Insured electric loans approved on or after this date, are either municipal rate loans or hardship rate loans. Borrowers meeting the criteria set forth in §1714.8 are eligible for 5 percent hardship rate loans.

Treasury and Federal Financing Bank (FFB) Rates

The following list of interest rates for loans shall not constitute an offer or commitment to make a loan at these rates. The interest rates listed are illustrative only of the rates that would apply to funds advanced on the date identified here as the "Issue Date." These rates change daily.


3-mo 6-mo 1-yr 2-yr 3-yr 5-yr 7-yr 10-yr 20-yr 30-yr
0.30 0.45 0.55 0.74 0.91 1.25 1.58 1.86 2.27


3-mo 6-mo 1-yr 2-yr 3-yr 5-yr 7-yr 10-yr 20-yr 30-yr
0.29 0.48 0.58 0.76 0.92 1.25 1.56 1.80 2.14



*These approximate FFB rates are based upon a common type of RUS loan in which the quarterly loan payments are derived by amortizing over 30 years, but the loan matures with a balloon payment at the maturity indicated in the column heading (for example, 10 years). The column headings are approximate maturity terms, since the loans end on quarterly payment dates.

Treasury rate loans are not available for terms less than one year.

Track our progress in loan making throughout the fiscal year by looking at the latest BoxScore. This document displays details of the various Electric Program loan offerings.

For information as to available "Call Options" and their associated pricing spreads, please contact the Electric Program directly (RUS Contacts).

To obtain the latest Federal Reserve Statistical Release of daily interest rates, you may use this link to go to the Federal Reserve Bank, where that information is available.

Municipal Interest Rates for the 1st Quarter of CY 2016

In accordance with 7 CFR 1714.5, the interest rates are established as shown in the following table for all interest rate terms that begin at any time during the first of calendar year 2016.


Interest Rate Term Ends in (year...)

RUS rate
(0.000 percent)

2017 0.375
2018 0.625
2019 0.875
2020 1.125
2021 1.375
2022 1.625
2023 1.750
2024 1.875
2025 2.125
2026 2.250
2027 2.375
2028 2.500
2029 2.625
2030 2.625
2031 2.750
2032 2.875
2033 2.875
2034 2.875
2035 3.000
2036 3.000
2037 or later 3.125