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2024 Applicable Federal Rates

March

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs) 4.71% 4.66% 4.63% 4.62%
Mid-term (>3 yrs <9 yrs) 4.13% 4.09% 4.07% 4.06%
Long-term (>9 yrs) 4.40% 4.35% 4.33% 4.31%

February

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs) 4.68% 4.63% 4.60% 4.59%
Mid-term (>3 yrs <9 yrs) 3.98% 3.94% 3.92% 3.91%
Long-term (>9 yrs) 4.18% 4.14% 4.12% 4.10%

January

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs) 5.00% 4.94% 4.91 4.89%
Mid-term (>3 yrs <9 yrs) 4.37% 4.32% 4.30% 4.28%
Long-term (>9 yrs) 4.54% 4.49% 4.47% 4.45%
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