Applicable Federal Rates
for September
Rev. Rul. 2009-29, 2009-37 IRB
The Applicable Federal Rates for September 2009 are reproduced below.
| Table
I
|
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| Applicable Federal Rate (AFR) |
Annual |
Semi-annual |
Quarterly |
Monthly |
|
|
September 2009 |
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| Period for Compounding |
|||||
| Short-Term |
|||||
| AFR |
.84% |
.84% |
.84% |
.84% |
|
| 110% AFR |
.92% |
.92% |
.92% |
.92% |
|
| 120% AFR |
1.01% |
1.01% |
1.01% |
1.01% |
|
| 130% AFR |
1.09% |
1.09% |
1.09% |
1.09% |
|
| Mid-Term |
|||||
| AFR |
2.87% |
2.85% |
2.84% |
2.83% |
|
| 110% AFR |
3.16% |
3.14% |
3.13% |
3.12% |
|
| 120% AFR |
3.45% |
3.42% |
3.41% |
3.40% |
|
| 130% AFR |
3.74% |
3.71% |
3.69% |
3.68% |
|
| 150% AFR |
4.33% |
4.28% |
4.26% |
4.24% |
|
| 175% AFR |
5.05% |
4.99% |
4.96% |
4.94% |
|
| Long-Term
|
|||||
| AFR |
4.38% |
4.33% |
4.31% |
4.29% |
|
| 110% AFR |
4.82% |
4.76% |
4.73% |
4.71% |
|
| 120% AFR |
5.27% |
5.20% |
5.17% |
5.14% |
|
| 130% AFR |
5.71% |
5.63% |
5.59% |
5.57% |
|
| Table II
|
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| Adjusted AFR for September 2009 |
|||||
| Period for Compounding |
|||||
| Annual |
Semi-annual |
Quarterly |
Monthly |
||
| Short-term adjusted AFR |
.84% |
.84% |
.84% |
.84% |
|
| Mid-term adjusted AFR |
1.99% |
1.98% |
1.98% |
1.97% |
|
| Long-term adjusted AFR |
4.33% |
4.28% |
4.26% |
4.24% |
|
| Table III
|
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| Rates Under Section 382 for September 2009 |
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| Adjusted federal long-term rate for the current month |
4.33% |
||||
| Long-term tax-exempt rate for ownership changes during the current month (the highest of the adjusted federal long-term rates for the current month and the prior two months). |
4.48% |
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| Table
IV
|
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| Appropriate Percentages Under Section 42(b)(1)* for September 2009 |
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| Appropriate Percentage for the 70% present value low-income housing credit |
7.84% |
||||
| Appropriate Percentage for the 30% present value low-income housing credit |
3.36% |
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| Table V
|
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| Rate Under Section 7520 for September 2009 |
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| Applicable federal rate for determining the present value of an annuity, an interest for life or a term of years, or a remainder or reversionary interest |
3.4% |
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|
* Note: Under Code Sec. 42(b)(2), the applicable percentage for non-federally subsidized new buildings place in service after |
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