August 2010 Debenture Pricing
The August 2010 504 debenture pricing was completed August 3, 2010.
20-year Debentures:
Debenture Rate: 3.52%
Comparable Treasury Market Rate: 2.900%
Spread Over Treasury: +0.620%
Debenture Pool: $294,048,000 (539 loans)
July 2010 Debenture Pricing
The July 2010 504 debenture pricing was completed July 6, 2010.
20-year Debentures:
Debenture Rate: 3.80%
Comparable Treasury Market Rate: 2.981%
Spread Over Treasury: +0.819%
Debenture Pool: $269,725,000 (454 loans)
10-year Debentures:
Debenture Rate: 2.44%
Comparable Treasury Market Rate: 1.813%
Spread Over Treasury: +0.627%
Debenture Pool: $22,891,000 (39 loans)
June 2010 Debenture Pricing
The June 2010 504 debenture pricing was completed June 8, 2010.
20-year Debentures:
Debenture Rate: 3.88% - New Record Low for 20-year debenture
Comparable Treasury Market Rate: 3.170%
Spread Over Treasury: +0.710%
Debenture Pool: $294,205,000 (537 loans)
May 2010 Debenture Pricing
The May 2010 504 debenture pricing was completed May 4, 2010.
20-year Debentures:
Debenture Rate: 4.11%
Comparable Treasury Market Rate: 3.619%
Spread Over Treasury: +0.491%
Debenture Pool: $292,258,000 (500 loans)
10-year Debentures:
Debenture Rate: 2.87%
Comparable Treasury Market Rate: 2.385%
Spread Over Treasury: +0.485%
Debenture Pool: $14,869,000 (40 loans)
April 2010 Debenture Pricing
The April 2010 504 debenture pricing was completed April 6, 2010.
20-year Debentures:
Debenture Rate: 4.36%
Comparable Treasury Market Rate: 3.951%
Spread Over Treasury: +0.409%
Debenture Pool: $236,577,000 (463 loans)
March 2010 Debenture Pricing
The March 2010 504 debenture pricing was completed March 9, 2010.
20-year Debentures:
Debenture Rate: 4.19%
Comparable Treasury Market Rate: 3.696%
Spread Over Treasury: +0.494%
Debenture Pool: $270,999,000 (489 loans)
10-year Debentures:
Debenture Rate: 2.86%
Comparable Treasury Market Rate: 2.337%
Spread Over Treasury: +0.523%
Debenture Pool: $19,812,000 (46 loans)
February 2010 Debenture Pricing
The February 2010 504 debenture pricing was completed February 9, 2010.
20-year Debentures:
Debenture Rate: 4.14%
Comparable Treasury Market Rate: 3.591%
Spread Over Treasury: +0.549%
Debenture Pool: $277,999,000 (492 loans)
January 2010 Debenture Pricing
The January 2010 504 debenture pricing was completed January 5, 2010.
20-year Debentures:
Debenture Rate: 4.38%
Comparable Treasury Market Rate: 3.784%
Spread Over Treasury: +0.596%
Debenture Pool: $223,048,000 (411 loans)
10-year Debentures:
Debenture Rate: 3.17%
Comparable Treasury Market Rate: 2.583%
Spread Over Treasury: +0.587%
Debenture Pool: $18,589,000 (44 loans)
December 2009 Debenture Pricing
The December 2009 504 debenture pricing was completed December 8, 2009.
20-year Debentures:
Debenture Rate: 4.05%
Comparable Treasury Market Rate: 3.368%
Spread Over Treasury: +0.682%
Debenture Pool: $352,985,000 (595 loans)
November 2009 Debenture Pricing
The November 2009 504 debenture pricing was completed November 3, 2009.
20-year Debentures:
Debenture Rate: 4.09%
Comparable Treasury Market Rate: 3.406%
Spread Over Treasury: +0.684%
Debenture Pool: $250,040,000 (438 loans)
10-year Debentures:
Debenture Rate: 2.98% (First time this has dropped below 3%)
Comparable Treasury Market Rate: 2.304%
Spread Over Treasury: +0.676%
Debenture Pool: $13,741,000 (40 loans)
October 2009 Debenture Pricing
The October 2009 504 debenture pricing was completed October 6, 2009.
20-year Debentures:
Debenture Rate: 3.92%
Comparable Treasury Market Rate: 3.240%
Spread Over Treasury: +0.680%
Debenture Pool: $245,560,000 (434 loans)
September 2009 Debenture Pricing
The September 2009 504 debenture pricing was completed September 8, 2009.
20-year Debentures:
Debenture Rate: 4.20%
Comparable Treasury Market Rate: 3.450%
Spread Over Treasury: +0.750%
Debenture Pool: $331,676,000 (565 loans)
10-year Debentures:
Debenture Rate: 3.08%
Comparable Treasury Market Rate: 2.345%
Spread Over Treasury: +0.735%
Debenture Pool: $17,752,000 (44 loans)
August 2009 Debenture Pricing
The August 2009 504 debenture pricing was completed August 4, 2009.
20-year Debentures:
Debenture Rate: 4.45%
Comparable Treasury Market Rate: 3.654%
Spread Over Treasury: +0.796%
Debenture Pool: $258,936,000 (429 loans)
July 2009 Debenture Pricing
The July 2009 504 debenture pricing was completed July 7, 2009.
20-year Debentures:
Debenture Rate: 4.30%
Comparable Treasury Market Rate: 3.500%
Spread Over Treasury: +0.800%
Debenture Pool: $282,223,000 (441 loans)
10-year Debentures:
Debenture Rate: 3.19%
Comparable Treasury Market Rate: 2.380%
Spread Over Treasury: +0.810%
Debenture Pool: $20,950,000 (53 loans)
June 2009 Debenture Pricing
The June 2009 504 debenture pricing was completed June 9, 2009.
20-year Debentures:
Debenture Rate: 4.95%
Comparable Treasury Market Rate: 3.848%
Spread Over Treasury: +1.102%
Debenture Pool: $299,774,000 (505 loans)
May 2009 Debenture Pricing
The May 2009 504 debenture pricing was completed May 5, 2009.
10-year Debentures:
Debenture Rate: 3.31%
Comparable Treasury Market Rate: 2.034%
Spread Over Treasury: +1.276%
Debenture Pool: $21,986,000 (38 loans)
20-year Debentures:
Debenture Rate: 4.43%
Comparable Treasury Market Rate: 3.183%
Spread Over Treasury: +1.247%
Debenture Pool: $275,938,000 (439 loans)
April 2009 Debenture Pricing
The April 2009 504 debenture pricing was completed April 7, 2009.
20-year Debentures:
Debenture Rate: 4.31%
Comparable Treasury Market Rate: 2.890%
Spread Over Treasury: +1.420%
Debenture Pool: $336,856,000 (544 loans)
March 2009 Debenture Pricing
The March 2009 504 debenture pricing was completed March 3, 2009.
10-year Debentures:
Debenture Rate: 3.88%
Comparable Treasury Market Rate: 1.898%
Spread Over Treasury: +1.982%
Debenture Pool: $28,643,000 (42 loans)
20-year Debentures:
Debenture Rate: 4.66%
Comparable Treasury Market Rate: 2.939%
Spread Over Treasury: +1.721%
Debenture Pool: $290,034,000 (487 loans)
February 2009 Debenture Pricing
The February 2009 504 debenture pricing was completed February 3, 2009.
20-year Debentures:
Debenture Rate: 4.76%
Comparable Treasury Market Rate: 2.801%
Spread Over Treasury: +1.959%
Debenture Pool: $234,621,000 (381 loans)
January 2009 Debenture Pricing
The January 2009 504 debenture pricing was completed January 6, 2009.
10-year Debentures:
Debenture Rate: 5.07%
Comparable Treasury Market Rate: 1.762%
Spread Over Treasury: +3.308%
Debenture Pool: $12,907,000 (32 loans)
20-year Debentures:
Debenture Rate: 5.72%
Comparable Treasury Market Rate: 2.566%
Spread Over Treasury: +3.154%
Debenture Pool: $270,464,000 (474 loans)
December 2008 Debenture Pricing
The December 2008 504 debenture pricing was completed December 9, 2008.
20-year Debentures:
Debenture Rate: 6.22%
Comparable Treasury Market Rate: 2.731%
Spread Over Treasury: +3.489%
Debenture Pool: $397,153,000 (669 loans)
November 2008 Debenture Pricing
The November 2008 504 debenture pricing was completed November 4, 2008.
10-year Debentures:
Debenture Rate: 5.85%
Comparable Treasury Market Rate: 2.708%
Spread Over Treasury: +3.142%
Debenture Pool: $22,310,000 (43 loans)
20-year Debentures:
Debenture Rate: 6.77%
Comparable Treasury Market Rate: 3.904%
Spread Over Treasury: +2.866%
Debenture Pool: $366,967,000 (591 loans)
October 2008 Debenture Pricing
The October 2008 504 debenture pricing was completed October 7, 2008.
20-year Debentures:
Debenture Rate: 5.63%
Comparable Treasury Market Rate: 3.520%
Spread Over Treasury: +2.110%
Debenture Pool: $311,548,000 (529 loans)
September 2008 Debenture Pricing
The September 2008 504 debenture pricing was completed September 9, 2008.
10-year Debentures:
Debenture Rate: 5.11%
Comparable Treasury Market Rate: 2.967%
Spread Over Treasury: +2.143%
Debenture Pool: $17,124,000 (40 loans)
20-year Debentures:
Debenture Rate: 5.60%
Comparable Treasury Market Rate: 3.657%
Spread Over Treasury: +1.943%
Debenture Pool: $437,079,000 (748 loans)
August 2008 Debenture Pricing
The August 2008 504 debenture pricing was completed August 6, 2008.
20-year Debentures:
Debenture Rate: 6.02%
Comparable Treasury Market Rate: 3.974%
Spread Over Treasury: +2.046%
Debenture Pool: $367,453,000 (614 loans)
July 2008 Debenture Pricing
The July 2008 504 debenture pricing was completed July 8, 2008.
10-year Debentures:
Debenture Rate: 5.34%
Comparable Treasury Market Rate: 3.183%
Spread Over Treasury: +2.157%
Debenture Pool: $23,525,000 (50 loans)
20-year Debentures:
Debenture Rate: 5.87%
Comparable Treasury Market Rate: 3.896%
Spread Over Treasury: +1.974%
Debenture Pool: $467,925,000 (777 loans)
June 2008 Debenture Pricing
The June 2008 504 debenture pricing was completed June 3, 2008.
20-year Debentures:
Debenture Rate: 5.68%
Spread Over Treasury: 1.667%
Comparable Treasury Market Rate: 4.013%
Debenture Pool: $414,522,000 (685 Loans)
May 2008 Debenture Pricing
The May 2008 504 debenture pricing was completed May 6, 2008.
10-year Debentures:
Debenture Rate: 4.86%
Comparable Treasury Market Rate: 3.094%
Spread Over Treasury: +1.766%
Debenture Pool: $23,973,000 (47 loans)
20-year Debentures:
Debenture Rate: 5.49%
Comparable Treasury Market Rate: 3.828%
Spread Over Treasury: +1.662%
Debenture Pool: $419,056,000 (705 loans)
April 2008 Debenture Pricing
The April 2008 504 debenture pricing was completed April 8, 2008.
20-year Debentures:
Debenture Rate: 5.37%
Spread Over Treasury: 1.833%
Comparable Treasury Market Rate: 3.537%
Debenture Pool: $492,462,000 (855 Loans)
March 2008 Debenture Pricing
The March 2008 504 debenture pricing was completed March 4, 2008.
10-year Debentures:
Debenture Rate: 4.58%
Comparable Treasury Market Rate: 2.505%
Spread Over Treasury: +2.075%
Debenture Pool: $29,252,000 (55 loans)
20-year Debentures:
Debenture Rate: 5.49%
Comparable Treasury Market Rate: 3.560%
Spread Over Treasury: +1.930%
Debenture Pool: $389,179,000 (711 loans)
February 2008 Debenture Pricing
The February 2008 504 debenture pricing was completed February 5, 2008.
20-year Debentures:
Debenture Rate: 5.16%
Spread Over Treasury: 1.621%
Comparable Treasury Market Rate: 3.539%
Debenture Pool: $311,118,000 (549 Loans)
January 2008 Debenture Pricing
The January 2008 504 debenture pricing was completed January 8, 2008.
10-year Debentures:
Debenture Rate: 4.55%
Comparable Treasury Market Rate: 3.214%
Spread Over Treasury: +1.336%
Debenture Pool: $19,652,000 (45 loans)
20-year Debentures:
Debenture Rate: 5.17%
Comparable Treasury Market Rate: 3.890%
Spread Over Treasury: +1.280%
Debenture Pool: $409,820,000 (721 loans)
December 2007 Debenture Pricing
The December 2007 504 debenture pricing was completed December 4, 2007.
20-year Debentures:
Debenture Rate: 5.29%
Spread Over Treasury: 1.424%
Comparable Treasury Market Rate: 3.866%
Debenture Pool: $394,884,000 (686 Loans)
November 2007 Debenture Pricing
The November 2007 504 debenture pricing was completed November 6, 2007.
10-year Debentures:
Debenture Rate: 5.12%
Comparable Treasury Market Rate: 3.985%
Spread Over Treasury: +1.135%
Debenture Pool: $19,706,000 (48 loans)
20-year Debentures:
Debenture Rate: 5.51%
Comparable Treasury Market Rate: 4.361%
Spread Over Treasury: +1.149%
Debenture Pool: $402,496,000 (703 loans)
October 2007 Debenture Pricing
The October 2007 504 debenture pricing was completed October 9, 2007.
20-year Debentures:
Debenture Rate: 5.57%
Spread Over Treasury: 0.956%
Comparable Treasury Market Rate: 4.614%
Debenture Pool: $413,601,000 (746 Loans)
September 2007 Debenture Pricing
The September 2007 504 debenture pricing was completed September 4, 2007.
p> 10-year Debentures:
Debenture Rate: 5.25%
Comparable Treasury Market Rate: 4.253%
Spread Over Treasury: +0.997%
Debenture Pool: $21,608,000 (45 loans)
20-year Debentures:
Debenture Rate: 5.56%
Comparable Treasury Market Rate: 4.547%
Spread Over Treasury: +1.013%
Debenture Pool: $430,684,000 (727 loans)
August 2007 Debenture Pricing
The August 2007 504 debenture pricing was completed August 7, 2007.
20-year Debentures:
Debenture Rate: 5.78%
Spread Over Treasury: +1.041%
Comparable Treasury Market Rate: 4.739%
Debenture Pool: $466,081,000 (821 Loans)
July 2007 Debenture Pricing
The July 2007 504 debenture pricing was completed July 3, 2007.
10-year Debentures:
Debenture Rate: 5.59%
Comparable Treasury Market Rate: 4.907%
Spread Over Treasury: +0.683%
Debenture Pool: $12,373,000 (26 loans)
20-year Debentures:
Debenture Rate: 5.82%
Comparable Treasury Market Rate: 5.006%
Spread Over Treasury: +0.814%
Debenture Pool: $368,153,000 (625 loans)
June 2007 Debenture Pricing
The June 2007 504 debenture pricing was completed June 5, 2007.
20-year Debentures:
Debenture Rate: 5.71%
Spread Over Treasury: +0.734%
Comparable Treasury Market Rate: 4.976%
Debenture Pool: $386,444,000 (662 Loans)
May 2007 Debenture Pricing
The May 2007 504 debenture pricing was completed May 8, 2007.
10-year Debentures:
Debenture Rate: 5.11%
Comparable Treasury Market Rate: 4.530%
Spread Over Treasury: +0.580%
Debenture Pool: $14,473,000 (35 loans)
20-year Debentures:
Debenture Rate: 5.31%
Comparable Treasury Market Rate: 4.624%
Spread Over Treasury: +0.686%
Debenture Pool: $435,025,000 (784 loans)
April 2007 Debenture Pricing
The April 2007 504 debenture pricing was completed April 3, 2007.
20-year Debentures:
Debenture Rate: 5.32%
Spread Over Treasury: +0.666%
Comparable Treasury Market Rate: 4.654%
Debenture Pool: $378,405,000 (709 Loans)
March 2007 Debenture Pricing
The March 2007 504 debenture pricing was completed March 6, 2007.
10-year Debentures:
Debenture Rate: 5.05%
Comparable Treasury Market Rate: 4.461%
Spread Over Treasury: +0.589%
Debenture Pool: $9,298,000 (23 loans)
20-year Debentures:
Debenture Rate: 5.23%
Comparable Treasury Market Rate: 4.515%
Spread Over Treasury: +0.715%
Debenture Pool: $378,043,000 (684 loans)
February 2007 Debenture Pricing
The February 2007 504 debenture pricing was completed February 6, 2007.
20-year Debentures:
Debenture Rate: 5.49%
Spread Over Treasury: +0.678%
Comparable Treasury Market Rate: 4.812%
Debenture Pool: $309,789,000 (525 Loans)
January 2007 Debenture Pricing
The January 2007 504 debenture pricing was completed January 9, 2007.
10-year Debentures:
Debenture Rate: 5.19%
Comparable Treasury Market Rate: 4.657%
Spread Over Treasury: +0.533%
Debenture Pool: $10,943,000 (30 loans)
20-year Debentures:
Debenture Rate: 5.32%
Comparable Treasury Market Rate: 4.660%
Spread Over Treasury: +0.660%
Debenture Pool: $349,731,000 (645 loans)
December 2006 Debenture Pricing
The December 2006 504 debenture pricing was completed December 5, 2006.
20-year Debentures:
Debenture Rate: 5.12%
Spread Over Treasury: +0.664%
Comparable Treasury Market Rate: 4.456%
Debenture Pool: $366,575,000 (615 Loans)
November 2006 Debenture Pricing
The November 2006 504 debenture pricing was completed November 7, 2006.
10-year Debentures:
Debenture Rate: 5.23%
Comparable Treasury Market Rate: 4.614%
Spread Over Treasury: +0.616%
Debenture Pool: $22,745,000 (48 loans)
20-year Debentures:
Debenture Rate: 5.36%
Comparable Treasury Market Rate: 4.639%
Spread Over Treasury: +0.721%
Debenture Pool: $448,158,000 (772 loans)
October 2006 Debenture Pricing
The October 2006 504 debenture pricing was completed October 3, 2006.
20-year Debentures:
Debenture Rate: 5.37%
Spread Over Treasury: +0.762%
Comparable Treasury Market Rate: 4.608%
Debenture Pool: $360,667,000 (632 Loans)
September 2006 Debenture Pricing
The September 2006 504 debenture pricing was completed September 5, 2006.
10-year Debentures:
Debenture Rate: 5.37%
Comparable Treasury Market Rate: 4.715%
Spread Over Treasury: +0.655%
Debenture Pool: $22,336,000 (46 loans)
20-year Debentures:
Debenture Rate: 5.54%
Comparable Treasury Market Rate: 4.763%
Spread Over Treasury: +0.777%
Debenture Pool: $387,536,000 (689 loans)
August 2006 Debenture Pricing
The August 2006 504 debenture pricing was completed August 8, 2006.
20-year Debentures:
Debenture Rate: 5.70%
Spread Over Treasury: +0.771%
Comparable Treasury Market Rate: 4.929%
Debenture Pool: $367,785,000 (731 Loans)
July 2006 Debenture Pricing
The July 2006 504 debenture pricing was completed July 5, 2006.
10-year Debentures:
Debenture Rate: 5.94%
Comparable Treasury Market Rate: 5.190%
Spread Over Treasury: +0.750%
Debenture Pool: $30,503,000 (50 loans)
20-year Debentures:
Debenture Rate: 6.07%
Comparable Treasury Market Rate: 5.233%
Spread Over Treasury: +0.837%
Debenture Pool: $379,032,000 (696 loans)
June 2006 Debenture Pricing
The June 2006 504 debenture pricing was completed June 6, 2006.
20-year Debentures:
Debenture Rate: 5.82%
Spread Over Treasury: +0.784%
Comparable Treasury Market Rate: 5.036%
Debenture Pool: $349,879,000 (656 Loans)
May 2006 Debenture Pricing
The May 2006 504 debenture pricing was completed May 9, 2006.
10-year Debentures:
Debenture Rate: 5.68%
Comparable Treasury Market Rate: 5.015%
Spread Over Treasury: 0.665%
Debenture Pool: $13,008,000 (38 loans)
20-year Debentures:
Debenture Rate: 5.87%
Comparable Treasury Market Rate: 5.132%
Spread Over Treasury: 0.738%
Debenture Pool: $411,907,000 (774 loans)
April 2006 Debenture Pricing
The April 2006 504 debenture pricing was completed April 4, 2006.
20-year Debentures:
Debenture Rate: 5.64%
Spread Over Treasury: +0.793%
Comparable Treasury Market Rate: 4.847%
Debenture Pool: $356,185,000 (667 Loans)
March 2006 Debenture Pricing
The March 2006 504 debenture pricing was completed March 7, 2006.
10-year Debentures:
Debenture Rate: 5.46%
Comparable Treasury Market Rate: 4.758%
Spread Over Treasury: 0.702%
Debenture Pool: $12,238,000 (36 loans)
20-year Debentures:
Debenture Rate: 5.57%
Comparable Treasury Market Rate: 4.744%
Spread Over Treasury: 0.826%
Debenture Pool: $359,441,000 (667 loans)
February 2006 Debenture Pricing
The February 2006 504 debenture pricing was completed February 7, 2006.
20-year Debentures:
Debenture Rate: 5.35%
Spread Over Treasury: +0.793%
Comparable Treasury Market Rate: 4.557%
Debenture Pool: $341,599,000 (611 Loans)
January 2006 Debenture Pricing
The January 2006 504 debenture pricing was completed January 3, 2006.
10-year Debentures:
Debenture Rate: 5.10%
Comparable Treasury Market Rate: 4.330%
Spread Over Treasury: 0.770%
Debenture Pool: $15,074,000 (40 loans)
20-year Debentures:
Debenture Rate: 5.21%
Comparable Treasury Market Rate: 4.373%
Spread Over Treasury: 0.837%
Debenture Pool: $286,709,000 (554 loans)
December 2005 Debenture Pricing
The December 2005 504 debenture pricing was completed December 6, 2005.
20-year Debentures:
Debenture Rate: 5.39%
Spread Over Treasury: +0.867%
Comparable Treasury Market Rate: 4.523%
Debenture Pool: $337,143,000 (605 Loans)
November 2005 Debenture Pricing
The November 2005 504 debenture pricing was completed November 8 2005.
10-year Debentures:
Debenture Rate: 5.20%
Comparable Treasury Market Rate: 4.479%
Spread Over Treasury: 0.721%
Debenture Pool: $11,848,000 (37 loans)
20-year Debentures:
Debenture Rate: 5.36%
Comparable Treasury Market Rate: 4.569%
Spread Over Treasury: 0.791%
Debenture Pool: $308,312,000 (592 loans)
October 2005 Debenture Pricing
The October 2005 504 debenture pricing was completed October 4, 2005.
20-year Debentures:
Debenture Rate: 5.09%
Spread Over Treasury: +0.723%
Comparable Treasury Market Rate: 4.367%
Debenture Pool: $284,532,000 (536 Loans)
September 2005 Debenture Pricing
The September 2005 504 debenture pricing was completed September 6, 2005.
10-year Debentures:
Debenture Rate: 4.54%
Comparable Treasury Market Rate: 3.872%
Spread Over Treasury: 0.668%
Debenture Pool: $18,677,000 (42 loans)
20-year Debentures:
Debenture Rate: 4.76%
Comparable Treasury Market Rate: 4.057%
Spread Over Treasury: 0.703%
Debenture Pool: $337,887,000 (652 loans)
August 2005 Debenture Pricing
The August 2005 504 debenture pricing was completed August 9, 2005.
20-year Debentures:
Debenture Rate: 5.11%
Spread Over Treasury: +0.702%
Comparable Treasury Market Rate: 4.408%
Debenture Pool: $318,226,000 (644 Loans)
July 2005 Debenture Pricing
The July 2005 504 debenture pricing was completed July 5, 2005.
10-year Debentures:
Debenture Rate: 4.51%
Comparable Treasury Market Rate: 3.870%
Spread Over Treasury: 0.640%
Debenture Pool: $11,141,000 (33 loans)
20-year Debentures:
Debenture Rate: 4.75%
Comparable Treasury Market Rate: 4.081%
Spread Over Treasury: 0.669%
Debenture Pool: $259,242,000 (516 loans)
June 2005 Debenture Pricing
The June 2005 504 debenture pricing was completed June 7, 2005.
20-year Debentures:
Debenture Rate: 4.57%
Spread Over Treasury: +0.646%
Comparable Treasury Market Rate: 3.924%
Debenture Pool: $342,323,000 (698 Loans)
May 2005 Debenture Pricing
The May 2005 504 debenture pricing was completed May 3, 2005.
10-year Debentures:
Debenture Rate: 4.51%
Comparable Treasury Market Rate: 3.89%
Spread Over Treasury: 0.62%
Debenture Pool: $14,665,000 (37 loans)
20-year Debentures: Debenture Rate: 4.84%
Comparable Treasury Market Rate: 4.19%
Spread Over Treasury: 0.65%
Debenture Pool: $291,313,000 (567 loans)
April 2005 Debenture Pricing
The April 2005 504 debenture pricing was completed April 5, 2005.
20-year Debentures:
Debenture Rate: 5.11%
Spread Over Treasury: +0.65%
Comparable Treasury Market Rate: 4.46%
Debenture Pool: $268,154,000 (559 Loans)
March 2005 Debenture Pricing
The March 2005 504 debenture pricing was completed March 8, 2005.
10-year Debentures:
Debenture Rate: 4.57%
Comparable Treasury Market Rate: 4.02%
Spread Over Treasury: 0.55%
Debenture Pool: $14,074,000 (35 loans)
20-year Debentures:
Debenture Rate: 4.95%
Comparable Treasury Market Rate: 4.36%
Spread Over Treasury: 0.59%
Debenture Pool: $239,071,000 (524 loans)
February 2005 Debenture Pricing
The February 2005 504 debenture pricing was completed February 8, 2005.
20-year Debentures:
Debenture Rate: 4.625%
Spread Over Treasury: +0.571%
Comparable Treasury Market Rate: 4.054%
Debenture Pool: $256,718,000 (537 Loans)
January 2005 Debenture Pricing
The January 2005 504 debenture pricing was completed January 4, 2005.
10-year Debentures:
Debenture Rate: 4.24%
Comparable Treasury Market Rate: 3.66%
Spread Over Treasury: 0.58%
Debenture Pool: $10,284,000 (23 loans)
20-year Debentures:
Debenture Rate: 4.86%
Comparable Treasury Market Rate: 4.25%
Spread Over Treasury: 0.61%
Debenture Pool: $220,694,000 (456 loans)
December 2004 Debenture Pricing
The December 2004 504 debenture pricing was completed December 7, 2004.
20-year Debentures:
Debenture Rate: 4.87%
Spread Over Treasury: +0.61%
Comparable Treasury Market Rate: 4.26%
Debenture Pool: $253,548,000 (532 Loans)
November 2004 Debenture Pricing
The November 2004 504 debenture pricing was completed November 9, 2004.
10-year Debentures:
Debenture Rate: 4.15%
Comparable Treasury Market Rate: 3.51%
Spread Over Treasury: 0.64%
Debenture Pool: $9,093,000 (35 loans)
20-year Debentures:
Debenture Rate: 4.88%
Comparable Treasury Market Rate: 4.21%
Spread Over Treasury: 0.67%
Debenture Pool: $281,614,000 (597 loans)
October 2004 Debenture Pricing
The October 2004 504 debenture pricing was completed October 4, 2004.
20-year Debentures:
Debenture Rate: 4.86%
Spread Over Treasury: +0.69%
Comparable Treasury Market Rate: 4.17%
Debenture Pool: $221,889,000 (467 Loans)
September 2004 Debenture Pricing
The September 2004 504 debenture pricing was completed September 7, 2004.
10-year Debentures:
Debenture Rate: 4.17%
Comparable Treasury Market Rate: 3.49%
Spread Over Treasury: 0.68%
Debenture Pool: $10,766,000 (40 loans)
20-year Debentures:
Debenture Rate: 4.99%
Comparable Treasury Market Rate: 4.28%
Spread Over Treasury: 0.71%
Debenture Pool: $286,855,000 (635 loans)
August 2004 Debenture Pricing
The August 2004 504 debenture pricing was completed August 3, 2004.
20-year Debentures:
Debenture Rate: 5.17%
Spread Over Treasury: +0.73%
Comparable Treasury Market Rate: 4.44%
Debenture Pool: $254,372,000 (612 Loans)
July 2004 Debenture Pricing
The July 2004 504 debenture pricing was completed July 6, 2004.
10-year Debentures:
Debenture Rate: 4.33%
Comparable Treasury Market Rate: 3.62%
Spread Over Treasury: 0.71%
Debenture Pool: $17,005,000 (46 loans)
20-year Debentures:
Debenture Rate: 5.19%
Comparable Treasury Market Rate: 4.46%
Spread Over Treasury: 0.73%
Debenture Pool: $233,013,000 (493 loans)
June 2004 Debenture Pricing
The June 2004 504 debenture pricing was completed June 8, 2004.
20-year Debentures:
Debenture Rate: 5.52%
Spread Over Treasury: +0.72%
Comparable Treasury Market Rate: 4.80%
Debenture Pool: $292,711,000 (612 Loans)
May 2004 Debenture Pricing
The May 2004 504 debenture pricing was completed May 4, 2004.
10-year Debentures:
Debenture Rate: 4.23%
Comparable Treasury Market Rate: 3.60%
Spread Over Treasury: 0.63%
Debenture Pool: $10,292,000 (29 loans)
20-year Debentures:
Debenture Rate: 5.18%
Comparable Treasury Market Rate: 4.50%
Spread Over Treasury: 0.68%
Debenture Pool: $234,786,000 (516 loans)
April 2004 Debenture Pricing
The April 2004 504 debenture pricing was completed April 6, 2004.
20-year Debentures:
Debenture Rate: 4.77%
Spread Over Treasury: +0.60%
Comparable Treasury Market Rate: 4.17%
Debenture Pool: $216,081,000 (463 Loans)
March 2004 Debenture Pricing
The March 2004 504 debenture pricing was completed March 9, 2004.
10-year Debentures:
Debenture Rate: 3.26%
Comparable Treasury Market Rate: 2.70%
Spread Over Treasury: 0.56%
Debenture Pool: $9,456,000 (25 loans)
20-year Debentures:
Debenture Rate: 4.34%
Comparable Treasury Market Rate: 3.77%
Spread Over Treasury: 0.57%
Debenture Pool: $241,008,000 (527 loans)
February 2004 Debenture Pricing
The February 2004 504 debenture pricing was completed February 3, 2004.
20-year Debentures:
Debenture Rate: 4.72%
Spread Over Treasury: +0.59%
Comparable Treasury Market Rate: 4.13%
Debenture Pool: $181,075,000 (358 Loans)
January 2004 Debenture Pricing
The January 2004 504 debenture pricing was completed January 6, 2004.
10-year Debentures:
Debenture Rate: 3.87%
Comparable Treasury Market Rate: 3.28%
Spread Over Treasury: 0.59%
Debenture Pool: $13,867,000 (31 loans)
20-year Debentures:
Debenture Rate: 4.93%
Comparable Treasury Market Rate: 4.32%
Spread Over Treasury: 0.61%
Debenture Pool: $185,255,000 (407 loans)
December 2003 Debenture Pricing
The December 2003 504 debenture pricing was completed December 9, 2003.
Debenture Rate: 4.89%
Spread Over Treasury: 0.63%
Comparable Treasury Market Rate: 4.26%
Debenture Pool: $249,311,000 (539 Loans) *Largest pool of 20-year 504 loans to date.
November 2003 Debenture Pricing
The November 2003 504 debenture pricing was completed November 4, 2003.
10-year Debentures:
Debenture Rate: 3.90%
Comparable Treasury Market Rate: 3.27%
Spread Over Treasury: 0.63%
Debenture Pool: $7,880,000 (25 loans)
20-year Debentures:
Debenture Rate: 4.98%
Comparable Treasury Market Rate: 4.31%
Spread Over Treasury: 0.67%
Debenture Pool: $196,154,000 (409 loans)
October 2003 Debenture Pricing
The October 2003 504 debenture pricing was completed October 7, 2003.
Debenture Rate: 4.92%
Spread Over Treasury: 0.70%
Comparable Treasury Market Rate: 4.22%
Debenture Pool: $184,828,000 (412 Loans)
September 2003 Debenture Pricing
The September 2003 504 debenture pricing was completed September 9, 2003.
10-year Debentures:
Debenture Rate: 3.98%
Spread Over Treasury: 0.68%
Debenture Pool: $10,347,000 (31 loans)
20-year Debentures:
Debenture Rate: 5.13%
Spread Over Treasury: 0.73%
Debenture Pool: $240,144,000 (536 loans)
August 2003 Debenture Pricing
The August 2003 504 debenture pricing was completed August 5, 2003.
Debenture Rate: 5.24%
Spread Over Treasury: 0.885%
Comparable Treasury Market Rate: 4.355%
Debenture Pool: $154,739,000 (352 Loans)
July 2003 Debenture Pricing
The July 2003 504 debenture pricing was completed July 8, 2003.
10-year Debentures:
Debenture Rate: 3.13%
Spread Over Treasury: 0.59%
Debenture Pool: $6,934,000 (26 loans)
20-year Debentures:
Debenture Rate: 4.35%
Spread Over Treasury: 0.65%
Debenture Pool: $203,431,000 (439 loans)
June 2003 Debenture Pricing
The June 2003 504 debenture pricing was completed June 3, 2003.
Debenture Rate: 4.07%
Spread Over Treasury: 0.71%
Comparable Treasury Market Rate: 3.36%
Debenture Pool: $184,608,000 (422 Loans)
May 2003 Debenture Pricing
The May 2003 504 debenture pricing was completed May 6, 2003.
10-year Debentures:
Debenture Rate: 3.53%
Spread Over Treasury: 0.73%
Debenture Pool: $11,350,000
20-year Debentures:
Debenture Rate: 4.64%
Spread Over Treasury: 0.74%
Debenture Pool: $194,117,000
April 2003 Debenture Pricing
The April 2003 504 debenture pricing was completed April 8, 2003.
Debenture Rate: 4.76% (Third lowest 20-year rate on record)
Spread Over Treasury: .81%
Comparable Treasury Market Rate: 3.95%
Debenture Pool: $212,014,000 (Largest offering and single pool in history of program)
March 2003 Debenture Pricing
The March 2003 504 debenture pricing was completed March 4, 2003.
10-year Debentures:
Debenture Rate: 3.39% (New Record Low Rate)
Spread Over Treasury: 0.77%
Debenture Pool: $4,490,000
20-year Debentures:
Debenture Rate: 4.50% (New Record Low Rate)
Spread Over Treasury: 0.83%
Debenture Pool: $178,235,000 (5th Largest Pool on Record)
February 2003 Debenture Pricing
The February 2003 504 debenture pricing was completed February 4, 2003.
Debenture Rate: 4.84% (second lowest on record)
Spread Over Treasury: .89%
Comparable Treasury Market Rate: 3.95%
Debenture Pool: $134,254,000
January 2003 Debenture Pricing
The January 2003 504 debenture pricing was completed January 7, 2003.
10-year Debentures:
Debenture Rate: 3.84% (Lowest rate on record)
Spread Over Treasury: 0.825%
Debenture Pool: $6,306,000
20-year Debentures:
Debenture Rate: 4.90% (3rd lowest rate on record)
Spread Over Treasury: 0.87%
Debenture Pool: $180,533,000
December 2002 Debenture Pricing
The December 2002 504 debenture pricing was completed December 3, 2002.
Debenture Rate: 5.10%
Spread Over Treasury: .90%
Comparable Treasury Market Rate: 4.20%
Debenture Pool: $161,200,000
November 2002 Debenture Pricing
The November 2002 504 debenture pricing was completed November 5, 2002.
10-year Debentures:
Debenture Rate: 3.94% (2nd lowest rate on record)
Spread Over Treasury: 0.99%
Debenture Pool: $8,272,000
20-year Debentures:
Debenture Rate: 5.08% (3rd lowest rate on record)
Spread Over Treasury: 1.00%
Debenture Pool: $161,839,000
October 2002 Debenture Pricing
The October 2002 504 debenture pricing was completed October 8, 2002.
Debenture Rate: 4.75% (Lowest 20-yr rate on record)
Spread Over Treasury: 1.10%
Comparable Treasury Market Rate: 3.65%
Debenture Pool: $163,453,000 (Fourth largest pool on record)
September 2002 Debenture Pricing
The September 2002 504 debenture pricing was completed September 5, 2002.
10-year Debentures:
Debenture Rate: 3.875% (lowest rate on record)
Spread Over Treasury: 0.935%
Debenture Pool: $9,647,000
20-year Debentures:
Debenture Rate: 4.89% (lowest rate on record)
Spread Over Treasury: 0.97%
Debenture Pool: $179,304,000 (3rd largest pool on record)
August 2002 Debenture Pricing
The August 2002 504 debenture pricing was completed August 6, 2002.
Debenture Rate: 5.31% (Lowest 20-yr rate on record)
Spread Over Treasury: 1.00%
Comparable Treasury Market Rate: 4.31%
Debenture Pool: $188,909,000 (Second largest pool on record)
July 2002 Debenture Pricing
The July 2002 504 debenture pricing was completed July 2, 2002.
10-year Debentures:
Debenture Rate: 4.79%
Spread Over Treasury: 0.79%
Debenture Pool: $7,829,000
20-year Debentures:
Debenture Rate: 5.66%
Spread Over Treasury: 0.88%
Debenture Pool: $144,762,000
June 2002 Debenture Pricing
The June 2002 504 debenture pricing was completed June 4, 2002.
Debenture Rate: 5.80%
Spread Over Treasury: .83%
Comparable Treasury Market Rate: 4.97%
Debenture Pool: $139,260,000
May 2002 Debenture Pricing
The May 2002 504 debenture pricing was completed May 7, 2002.
10-year Debentures:
Debenture Rate: 5.21%
Spread Over Treasury: 0.86%
Debenture Pool: $8,800,000
20-year Debentures:
Debenture Rate: 5.98%
Spread Over Treasury: .91%
Debenture Pool: $194,324,000
April 2002 Debenture Pricing
The April 2002 504 debenture pricing was completed April 2, 2002.
Debenture Rate: 6.41%
Spread Over Treasury: .98%
Comparable Treasury Market Rate: 5.43%
Debenture Pool: $152,992,000
March 2002 Debenture Pricing
The March 2002 504 debenture pricing was completed March 5, 2002.
10-year Debentures:
Debenture Rate: 5.30%
Spread Over Treasury: 0.90%
Debenture Pool: $4,710,000
20-year Debentures:
Debenture Rate: 6.07%
Spread Over Treasury: 1.02%
Debenture Pool: $142,930,000
February 2002 Debenture Pricing
The February 2002 504 debenture pricing was completed February 5, 2002.
Debenture Rate: 5.98%
Spread Over Treasury: 1.08%
Comparable Treasury Market Rate: 4.90%
Debenture Pool: $135,614,000
January 2002 Debenture Pricing
The January 2002 504 debenture pricing was completed January 8, 2002.
10-year Debentures:
Debenture Rate: 5.35%
Spread Over Treasury: 1.01%
Debenture Pool: $10,081,000
20-year Debentures:
Debenture Rate: 6.14%
Spread Over Treasury: 1.07%
Debenture Pool: $160,201,000 (The 20 year debenture pool was the highest ever)
December 2001 Debenture Pricing
The December, 2001 504 debenture pricing was completed December 4, 2001.
Debenture Rate: 5.78%
Spread Over Treasury: 1.1%
Comparable Treasury Market Rate: 4.68%
Debenture Pool: $154,080,000
November, 2001 Debenture Pricing
The November, 2001 504 debenture pricing was completed November 7, 2001.
10-year Debentures:
Debenture Rate: 4.62%
(The lowest 10-year debenture rate on record)
Spread Over Treasury: 1.06%
Debenture Pool: $2,773,000
20-year Debentures:
Debenture Rate: 5.34%
(The lowest 20-year debenture rate on record)
Spread Over Treasury: 1.07%
Debenture Pool: $136,420,000
October 2001 Debenture Pricing
The October, 2001 504 debenture pricing was completed October 9, 2001.
Debenture Rate: 5.76%
Spread Over Treasury: 1.19%
Comparable Treasury Market Rate: 4.57%
Debenture Pool: $149,614,000
September 2001 Debenture Pricing
The September, 2001 504 debenture pricing was completed September 6, 2001.
10-year Debentures:
Debenture Rate: 5.55%
Spread Over Treasury: 1.08%
Comparable Treasury Market Rate: 4.47%
Debenture Pool: $5,297,000
20-year Debentures:
Debenture Rate: 6.12%
Spread Over Treasury: 1.195%
Comparable Treasury Market Rate: 4.925%
Debenture Pool: $129,017,000
August 2001 Debenture Pricing
The August, 2001 504 debenture pricing was completed August 7, 2001.
Debenture Rate: 6.34%
Spread Over Treasury: 1.185%
Comparable Treasury Market Rate: 5.155%
Debenture Pool: $156,190,000
July 2001 Debenture Pricing
The July, 2001 504 debenture pricing was completed July 3, 2001.
10-year Debentures:
Debenture Rate: 6.09%
Spread Over Treasury: 1.24%
Comparable Treasury Market Rate: 4.85%
Debenture Pool: $5,560,000
20-year Debentures:
Debenture Rate: 6.625%
Spread Over Treasury: 1.255%
Comparable Treasury Market Rate: 5.37%
Debenture Pool: $127,452,000
June 2001 Debenture Pricing
The June, 2001 504 debenture pricing was completed June 6, 2001.
Debenture Rate: 6.44%
Spread Over Treasury: 1.13%
Comparable Treasury Market Rate: 5.31%
Debenture Pool: $129,555,000
May 2001 Debenture Pricing
The May, 2001 504 debenture pricing was completed May 8, 2001.
10-year Debentures:
Debenture Rate: 5.75%
Spread Over Treasury: 1.05%
Comparable Treasury Market Rate: 4.70%
Debenture Pool: $8,067,000
20-year Debentures:
Debenture Rate: 6.34%
Spread Over Treasury: 1.16%
Comparable Treasury Market Rate: 5.18%
Debenture Pool: $142,238,000
April 2001 Debenture Pricing
The April, 2001 504 debenture pricing was completed April 3, 2001.
Debenture Rate: 6.35%
Spread Over Treasury: 1.37%
Comparable Treasury Market Rate: 4.98%
Debenture Pool: $113,569,000
March 2001 Debenture Pricing
The March, 2001 504 debenture pricing was completed March 6, 2001.
10-year Debentures:
Debenture Rate: 5.97%
Spread Over Treasury: 1.21%
Comparable Treasury Market Rate: 4.76%
Debenture Pool: $9,191,000
20-year Debentures:
Debenture Rate: 6.34%
Spread Over Treasury: 1.35%
Comparable Treasury Market Rate: 4.99%
Debenture Pool: $131,833,000
February 2001 Debenture Pricing
The February, 2001 504 debenture pricing was completed February 6, 2001.
Debenture Rate: 6.44%
Spread Over Treasury: 1.27%
Comparable Treasury Market Rate: 5.17%
Debenture Pool: $112,065,000
November, 2000 Debenture Pricing
The November, 2000 504 debenture pricing was completed November 7, 2000.
20-year coupon rate is 7.22%.
Amount sold is $130,977,000
Spread to 10-year Treasury is +136 basis points
10-year coupons rate is 7.01%.
Amount sold is $6,620,000
Spread to 5-year Treasury is +112 basis points
October, 2000 Debenture Pricing
The October, 2000 504 debenture pricing was completed October 3, 2000. The funding will take place on Wednesday, October 11, 2000.
The rate was 7.125%.
The rate is 129 basis points over the ten-year Treasury.
The amount sold was $102,344,000.
August 2000 Debenture Pricing
The August, 2000 pricing of 504 debentures was completed August 8, 2000.
20 Year Debentures:
$141,171,000
Debenture Rate is 7.33%
Spread is +138 over the 10-year treasury
July 2000 Debenture Pricing
The July, 2000 pricing of 504 debentures was completed July 7, 2000.
20 Year Debentures:
$112,843,000
Debenture Rate is 7.39%
Spread is +141 over the 10-year treasury
10 Year Debentures:
$6,485,000
Debenture Rate is 7.23%
Spread is +117 over 5-year treasury
June 2000 Debenture Pricing
20 Year Debentures:
$112,591,000
Debenture Rate is 7.63%
Spread to 10-year Tresury: 147 basis points.
May 2000 Debenture Pricing
The May, 2000 sale of 504 debentures was completed May 9, 2000.
20-year:
378 loans funded for $139,512,000.
Debenture rate: 8.03%
Spread to 10-year Treasury: 149 basis points.
Spread to 10-year Libor swap rate: 22 basis points.
10-year:
26 loans funded for $12,409,000
Debenture rate: 7.88%
Spread to 5-year Treasury: 108 basis points.
Spread to 5-year Libor swap rate: 15 basis points.
April 2000 Debenture Pricing
The April 504 debenture sale was completed April 4, 2000.
The funding total was $129,563,000.
The coupon rate was 7.47%.
The spread was 151 basis points over the 10-year treasury.
March 2000 Debenture Pricing
The March 2000 sale of 504 debentures was March 7, 2000.
20-year: 7.625% with spread of 123 basis points from ten-year Treasury.
10-year: 7.46% with spread of 85 basis points from ten-year Treasury.
February 2000 Debenture Pricing
The February pricing was held today, February 8, 2000.
The 20 Year Debenture Rate is 7.73%.
The pricing represents a spread of +111 over the 10 year U.S. Treasury note.
January 2000 Debenture Pricing
The January 2000, 504 debenture pricing has been completed, as follows:
20-year: 7.59% spread from 10 year Treasury: 102 bp
10-year: 7.26%
December 1999 Debenture Pricing
The December 1999 504 debenture pricing has been completed with a 20-year debenture interest rate of 7.19%.
The spread from the ten-year Treasury was 108 bp.
October 1999 Debenture Pricing
The October 1999 504 debenture pricing has been completed with a debenture interest rate of 7.20%.
This was an improvement of 10 basis points over the rate of 7.30% for the September sale.
Additionally, the spread from the ten-year Treasury was reduced by 10 basis points to 126.5 bp.
August 1999 Debenture Pricing
The August 1999 504 debenture sale included only 20-year debentures. The debenture rate is 7.30%.
July 1999 Debenture Pricing
The July 1999 504 debenture sale included both 10 year and 20 year debentures.
The 10 year debenture rate was 6.60%.
The 20 year debenture rate was 7.00%.
June 1999 Debenture Pricing
On June 8, 1999, DCFC sold 20 year debentures. The debenture rate was as follows:
20 year: 6.80%
May 1999 Debenture Pricing
The May 1999 pricing for 504 debentures was completed Tuesday, May 4.
The 10-year rate is 5.95%
The 20-year rate is 6.30%.
February 1999 Debenture Pricing
DCFC sold 20-year 504 debentures at the rate of 5.95%.
For any additional information, please contact the DCF LLC offices at (703) 748-2580.
Development Company Funding LLC
6764 Old McLean Village Dr. • McLean, VA 22101
Phone: 703.748.2580 • FAX: 703.748.2582
© Copyright 2010 DCF LLC
