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Rural Utilities Loan Interest Rates

Water & Environmental Programs

Telecommunications Program

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.


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.

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 2nd Quarter of CY 2024

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 second quarter of calendar year 2024.

 Municipal Interest Rates 
for the 2nd Quarter of 2024
Interest Rate Term Ends in (year...) RUS rate (0.000 percent)
2025 3.000
2026 2.875
2027 2.750
2028 2.625
2029 2.500
2030 2.500
2031 2.500
2032 2.500
2033 2.500
2034 2.500
2035 2.625
2036 2.750
2037 2.875
2038 3.000
2039 3.125
2040 3.125
2041 3.250
2042 3.250
2043 3.375
2044 3.375
2045 or later 3.375