DCFC Debenture Rates October 2000 to December 2001 Please note: Rates tables are available in .pdf format for printing as a link at the bottom of each month. Effective rates are calculated by Colson Services based on the debenture rate set by the DCFC Fiscal Agent each month. Effective rates are released by Colson and are posted on this site typically by the monthly funding date (see the financing calendar for funding dates). Please check this site from time to time for the latest effective rates. December 2001 Funding Rates 20 Year Debentures Debenture Rate: 5.78% Note Rate: 5.859% Spread Over Treasury: 1.1% Comparable Treasury Market Rate: 4.68% 20 Year Effective Rates (%) Borrower Fee (%) CDC Fee (%) 1st 5 yrs 2nd 5 yrs 3rd 5 yrs 4th 5 yrs Full Term 0.775 0.625 7.488 7.550 7.733 8.675 7.658 0.775 1.000 7.895 7.972 8.202 9.379 8.107 0.729 0.625 7.438 7.498 7.676 8.588 7.602 0.729 1.000 7.845 7.921 8.144 9.292 8.052 0.600 0.625 7.298 7.352 7.514 8.346 7.448 0.600 1.000 7.705 7.775 7.983 9.050 7.897 0.472 0.625 7.159 7.208 7.354 8.106 7.294 0.472 1.000 7.566 7.631 7.823 8.810 7.744 0.410 0.625 7.091 7.138 7.277 7.989 7.220 0.410 1.000 7.498 7.561 7.745 8.694 7.670 0.125 0.625 6.782 6.817 6.921 7.454 6.878 Please Note - The new borrower fee of 0.410 applies to loans approved after October 1, 2001. The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President. The series for zero subsidy has been discontinued. Click here for the December 2001 rate table in pdf format. November 2001 Funding Rates 20 Year Debentures Debenture Rate: 5.34% Note Rate: 5.41570% Spread Over Treasury: 1.07% Comparable Treasury Market Rate: 4.27% 10 Year Debentures Debenture Rate: 4.62% Note Rate: 4.78393% Spread Over Treasury: 1.06 % Comparable Treasury Market Rate: 3.56 % 20 Year Effective Rates (%) Borrower Fee (%) CDC Fee (%) 1st 5 yrs 2nd 5 yrs 3rd 5 yrs 4th 5 yrs Full Term 0.775 0.625 7.052 7.113 7.297 8.241 7.220 0.775 1.000 7.462 7.537 7.768 8.947 7.671 0.729 0.625 7.002 7.061 7.240 8.154 7.165 0.729 1.000 7.411 7.485 7.710 8.861 7.616 0.600 0.625 6.861 6.915 7.078 7.911 7.009 0.600 1.000 7.271 7.339 7.548 8.618 7.461 0.472 0.625 6.722 6.770 6.917 7.670 6.855 0.472 1.000 7.131 7.194 7.388 8.377 7.307 0.410 0.625 6.654 6.700 6.839 7.553 6.781 10 Year Effective Rates (%) Borrower Fee (%) CDC Fee (%) 1st 5 yrs 2nd 5 yrs Full Term 0.729 0.625 6.639 7.536 6.884 0.600 0.625 6.474 7.292 6.698 0.600 1.000 6.953 8.002 7.240 0.472 0.625 6.311 7.050 6.513 0.472 1.000 6.790 7.759 7.055 Note: The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President. The series for zero subsidy has been discontinued. Click here for the November 2001 rate table in pdf format. October 2001 Funding Rates 20 Year Debentures Debenture Rate: 5.76% Note Rate: 5.83923% Spread Over Treasury: 1.19% Comparable Treasury Market Rate: 4.57% 20 Year Effective Rates (%) Borrower Fee (%) CDC Fee (%) 1st 5 yrs 2nd 5 yrs 3rd 5 yrs 4th 5 yrs Full Term 0.775 0.625 7.47 7.53 7.71 8.66 7.64 0.775 1.000 7.88 7.95 8.18 9.36 8.09 0.729 0.625 7.42 7.48 7.66 8.57 7.59 0.729 1.000 7.83 7.90 8.13 9.27 8.04 0.600 0.625 7.28 7.33 7.50 8.33 7.43 0.600 1.000 7.69 7.76 7.96 9.03 7.88 0.472 0.625 7.14 7.19 7.34 8.09 7.28 0.472 1.000 7.55 7.61 7.80 8.79 7.73 0.875 0.625 N/A N/A N/A N/A N/A Please Note - The new borrower fee of 0.410 applies to loans approved after October 1, 2001. The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President. The series for zero subsidy has been discontinued. Click here for the October 2001 rate table in pdf format. September 2001 Funding Rates 20 Year Debentures Debenture Rate: 6.12% Note Rate: 6.20162% Spread Over Treasury: 1.195% Comparable Treasury Market Rate: 4.925% 10 Year Debentures Debenture Rate: 5.55% Note Rate: 5.74046% Spread Over Treasury: 1.08 % Comparable Treasury Market Rate: 4.47 % 20 Year Effective Rates (%) Borrower Fee (%) CDC Fee (%) 1st 5 yrs 2nd 5 yrs 3rd 5 yrs 4th 5 yrs Full Term 0.875 0.625 7.94 8.00 8.19 9.20 8.12 0.875 1.000 N/A N/A N/A N/A N/A 0.775 0.625 7.83 7.89 8.07 9.01 8.00 0.775 1.000 N/A N/A N/A N/A N/A 0.729 0.625 7.78 7.84 8.01 8.92 7.94 0.729 1.000 8.19 8.26 8.48 9.63 8.39 0.600 0.625 7.64 7.69 7.85 8.68 7.79 0.600 1.000 8.05 8.11 8.32 9.38 8.24 0.472 0.625 7.50 7.55 7.69 8.44 7.64 0.472 1.000 7.91 7.97 8.16 9.15 8.08 10 Year Effective Rates (%) Borrower Fee (%) CDC Fee (%) 1st 5 yrs 2nd 5 yrs Full Term 0.775 0.625 N/A N/A N/A 0.729 0.625 7.58 8.47 7.83 0.729 1.000 N/A N/A N/A 0.600 0.625 7.42 8.23 7.64 0.600 1.000 7.89 8.94 8.18 0.472 0.625 7.25 7.99 7.46 0.472 1.000 7.73 8.69 8.00 0.875 0.625 7.76 8.75 8.04 Note: The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President. The series for zero subsidy has been discontinued.

August 2001 Funding Rates

20 Year Debentures

Debenture Rate: 6.34%
Note Rate: 6.42321%
Spread Over Treasury: 1.185%
Comparable Treasury Market Rate: 5.155%

Note: The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President.

The series for zero subsidy has been discontinued.

July 2001 Funding Rates

20 Year Debentures

Debenture Rate: 6.625%
Note Rate: 6.70965%
Spread Over Treasury: 1.255%
Comparable Treasury Market Rate: 5.37%

10 Year Debentures

Debenture Rate: 6.09%
Note Rate: 6.29429%
Spread Over Treasury: 1.24 %
Comparable Treasury Market Rate: 4.85 %

Note: The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President.

The series for zero subsidy has been discontinued.

June 2001 Funding Rates

20 Year Debentures

Debenture Rate: 6.44%
Note Rate: 6.52368%
Spread Over Treasury: 1.13%
Comparable Treasury Market Rate: 5.31%

Note: The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President.

The series for zero subsidy has been discontinued.

May 2001 Funding Rates

20 Year Debentures

Debenture Rate: 6.34%
Note Rate: 6.42331%
Spread Over Treasury: 1.16%
Comparable Treasury Market Rate: 5.18%

10 Year Debentures

Debenture Rate: 5.75 %
Note Rate: 5.94625 %
Spread Over Treasury: 1.05 %
Comparable Treasury Market Rate: 4.70 %

Note: The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President.

The series for zero subsidy has been discontinued.

April 2001 Funding Rates

20 Year Debentures

Debenture Rate: 6.35%
Note Rate: 6.43295%
Spread Over Treasury: 1.37%
Comparable Treasury Market Rate: 4.98%

Note: The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President.

The series for zero subsidy has been discontinued.

March 2001 Funding Rates

20 Year Debentures

Debenture Rate: 6.34%
Note Rate: 6.42314%
Spread Over Treasury: 1.35%
Comparable Treasury Market Rate: 4.99%

10 Year Debentures

Debenture Rate: 5.97 %
Note Rate: 6.17177 %
Spread Over Treasury: 1.21 %
Comparable Treasury Market Rate: 4.76 %

Note: The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President.

The series for zero subsidy has been discontinued.

February 2001 Funding Rates

20 Year Debentures

Debenture Rate: 6.44%
Note Rate: 6.52380%
Spread Over Treasury: 1.27%
Comparable Treasury Market Rate: 5.17%

Note: The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President.

The series for zero subsidy has been discontinued.

January 2001 Funding Rates

20 Year Debentures

Debenture Rate: 6.29%
Note Rate: 6.37304%
Spread Over Treasury: 1.31%
Comparable Treasury Market Rate: 4.98%

10 Year Debentures

Debenture Rate:5.90 %
Note Rate: 6.10053 %
Spread Over Treasury: 1.20 %
Comparable Treasury Market Rate: 4.70 %

Note: The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President.

The series for zero subsidy has been discontinued.

December 2000 Funding Rates

20 Year Debentures

Debenture Rate: 6.90%
Note Rate: 6.98645%
Spread Over Treasury: 1.41%
Comparable Treasury Market Rate: 5.49%

A borrower fee of .875% applies to loans approved between 10/1/96 and 9/30/97.

A borrower fee of .775% applies to loans approved between 10/1/97 and 9/30/98.

A borrower fee of .729% applies to loans approved between 10/1/98 and 9/30/99.

A borrower fee of .600% applies to loans approved between 10/1/99 and 9/30/00.

The series for zero subsidy has been discontinued.

November 2000 Funding Rates

20 Year Debentures

Debenture Rate: 7.22%
Note Rate: 7.30838%
Spread Over Treasury: 1.36%
Comparable Treasury Market Rate: 5.86%

10 Year Debentures

Debenture Rate: 7.01%
Note Rate: 7.23846%
Spread Over Treasury: 1.12%
Comparable Treasury Market Rate: 5.89%

Note: The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President.

The series for zero subsidy has been discontinued.

October 2000 Funding Rates

20 Year Debentures

Debenture Rate: 7.125%
Note Rate: 7.21248%
Spread Over Treasury: 1.29%
Comparable Treasury Market Rate: 5.835%

Note: The above effective rates are calculated using the new methodology explained in the March 26, 1999 letter from Mark Barbash, then DCFC President.

The series for zero subsidy has been discontinued.

Click here for rates from February 2000 to September 2000.

Click here for rates prior to February 2000.

If you have any questions on these rates, please contact DCFC at (703) 748-2580.