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.


Issue Date: 10/08/15
3-mo 6-mo 1-yr 2-yr 3-yr 5-yr 7-yr 10-yr 20-yr 30-yr
0.00 0.08 0.27 0.65 0.92 1.37 1.75 2.08 2.51


3-mo 6-mo 1-yr 2-yr 3-yr 5-yr 7-yr 10-yr 20-yr 30-yr
0.00 0.17 0.36 0.72 0.96 1.39 1.74 2.02 2.36



*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 4th Quarter of CY 2015

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 2015.


Interest Rate Term Ends in (year...)

RUS rate

(0.000 percent)

2016 0.250
2017 0.625
2018 0.875
2019 1.250
2020 1.500
2021 1.750
2022 1.875
2023 2.125
2024 2.250
2025 2.500
2026 2.500
2027 2.625
2028 2.750
2029 2.875
2030 2.875
2031 3.000
2032 3.000
2033 3.125
2034 3.125
2035 3.125
2036 or later