Municipal Liquidity Facility Sample Purchase Rates

Sample purchase rates are published by the New York Fed each week solely to provide indicative pricing information to market participants. Actual transactions will be priced according to the specifics of each transaction and may differ from these rates. The indicative rates are not intended to be a measure of market conditions and should not be used as reference rates for other transactions.


MLF Sample Purchase Rates as of Monday, October 19, 2020
If an issuer has split ratings, the applicable MLF pricing will be adjusted according to the published methodology in the MLF FAQs.

To determine indicative taxable rates for Eligible Notes with interest that is not excluded from gross income for federal income tax purposes, divide the purchase rates outlined in this table by 0.70.

The OIS rates used in determining these indicative purchase rates are as of 7:30am ET.

previous periods
MLF Sample Purchase Rates as of Tuesday, October 13, 2020
Loan Term6m1y2y3y
AAA/Aaa1.071.071.051.07
AA+/Aa11.271.271.251.27
AA/Aa21.321.321.301.32
AA-/Aa31.471.471.451.47
A+/A11.971.971.951.97
A/A22.072.072.052.07
A-/A32.222.222.202.22
BBB+/Baa12.822.822.802.82
BBB/Baa22.972.972.952.97
BBB-/Baa33.373.373.353.37
Below Investment Grade5.475.475.455.47


MLF Sample Purchase Rates as of Monday, October 5, 2020
Loan Term6m1y2y3y
AAA/Aaa1.071.061.041.05
AA+/Aa11.271.261.241.25
AA/Aa21.321.311.291.30
AA-/Aa31.471.461.441.45
A+/A11.971.961.941.95
A/A22.072.062.042.05
A-/A32.222.212.192.20
BBB+/Baa12.822.812.792.80
BBB/Baa22.972.962.942.95
BBB-/Baa33.373.363.343.35
Below Investment Grade5.475.465.445.45


MLF Sample Purchase Rates as of Monday, September 28, 2020
Loan Term6m1y2y3y
AAA/Aaa1.071.061.041.05
AA+/Aa11.271.261.241.25
AA/Aa21.321.311.291.30
AA-/Aa31.471.461.441.45
A+/A11.971.961.941.95
A/A22.072.062.042.05
A-/A32.222.212.192.20
BBB+/Baa12.822.812.792.80
BBB/Baa22.972.962.942.95
BBB-/Baa33.373.363.343.35
Below Investment Grade5.475.465.445.45


MLF Sample Purchase Rates as of Monday, September 21, 2020
Loan Term6m1y2y3y
AAA/Aaa1.071.061.031.04
AA+/Aa11.271.261.231.24
AA/Aa21.321.311.281.29
AA-/Aa31.471.461.431.44
A+/A11.971.961.931.94
A/A22.072.062.032.04
A-/A32.222.212.182.19
BBB+/Baa12.822.812.782.79
BBB/Baa22.972.962.932.94
BBB-/Baa33.373.363.333.34
Below Investment Grade5.475.465.435.44


MLF Sample Purchase Rates as of Monday, September 14, 2020
Loan Term6m1y2y3y
AAA/Aaa1.071.051.031.03
AA+/Aa11.271.251.231.23
AA/Aa21.321.301.281.28
AA-/Aa31.471.451.431.43
A+/A11.971.951.931.93
A/A22.072.052.032.03
A-/A32.222.202.182.18
BBB+/Baa12.822.802.782.78
BBB/Baa22.972.952.932.93
BBB-/Baa33.373.353.333.33
Below Investment Grade5.475.455.435.43


MLF Sample Purchase Rates as of Tuesday, September 8, 2020
Loan Term6m1y2y3y
AAA/Aaa1.071.061.041.05
AA+/Aa11.271.261.241.25
AA/Aa21.321.311.291.30
AA-/Aa31.471.461.441.45
A+/A11.971.961.941.95
A/A22.072.062.042.05
A-/A32.222.212.192.20
BBB+/Baa12.822.812.792.80
BBB/Baa22.972.962.942.95
BBB-/Baa33.373.363.343.35
Below Investment Grade5.475.465.445.45
If an issuer has split ratings, the applicable MLF pricing will be adjusted according to the published methodology in the MLF FAQs.

To determine indicative taxable rates for Eligible Notes with interest that is not excluded from gross income for federal income tax purposes, divide the purchase rates outlined in this table by 0.70.

The OIS rates used in determining these indicative purchase rates are as of 7:30am ET.


MLF Sample Purchase Rates as of Monday, August 31, 2020***
Loan Term6m1y2y3y
AAA/Aaa1.061.051.031.04
AA+/Aa11.261.251.231.24
AA/Aa21.311.301.281.29
AA-/Aa31.461.451.431.44
A+/A11.961.951.931.94
A/A22.062.052.032.04
A-/A32.212.202.182.19
BBB+/Baa12.812.802.782.79
BBB/Baa22.962.952.932.94
BBB-/Baa33.363.353.333.34
Below Investment Grade5.465.455.435.44


MLF Sample Purchase Rates as of Monday, August 24, 2020***
Loan Term6m1y2y3y
AAA/Aaa1.061.051.031.03
AA+/Aa11.261.251.231.23
AA/Aa21.311.301.281.28
AA-/Aa31.461.451.431.43
A+/A11.961.951.931.93
A/A22.062.052.032.03
A-/A32.212.202.182.18
BBB+/Baa12.812.802.782.78
BBB/Baa22.962.952.932.93
BBB-/Baa33.363.353.333.33
Below Investment Grade5.465.455.435.43


MLF Sample Purchase Rates as of Monday, August 17, 2020***
Loan Term6m1y2y3y
AAA/Aaa1.071.061.041.05
AA+/Aa11.271.261.241.25
AA/Aa21.321.311.291.30
AA-/Aa31.471.461.441.45
A+/A11.971.961.941.95
A/A22.072.062.042.05
A-/A32.222.212.192.20
BBB+/Baa12.822.812.792.80
BBB/Baa22.972.962.942.95
BBB-/Baa33.373.363.343.35
Below Investment Grade5.475.465.445.45
***If an issuer has split ratings, these ratings will be averaged according to the published methodology found in the MLF FAQs.

To determine indicative taxable rates for Eligible Notes with interest that is not excluded from gross income for federal income tax purposes, divide the purchase rates outlined in this table by 0.70.

The OIS rates used in determining these indicative purchase rates are as of 7:30am ET.


MLF Sample Purchase Rates as of Wednesday, August 12, 2020**
Loan Term6m1y2y3y
AAA/Aaa1.071.051.041.04
AA+/Aa11.271.251.241.24
AA/Aa21.321.301.291.29
AA-/Aa31.471.451.441.44
A+/A11.971.951.941.94
A/A22.072.052.042.04
A-/A32.222.202.192.19
BBB+/Baa12.822.802.792.79
BBB/Baa22.972.952.942.94
BBB-/Baa33.373.353.343.34
Below Investment Grade5.475.455.445.44
**If an issuer has split ratings, these ratings will be averaged according to the published methodology found in the MLF FAQs.

To determine indicative taxable rates for Eligible Notes with interest that is not excluded from gross income for federal income tax purposes, divide the purchase rates outlined in this table by 0.70.


MLF Sample Purchase Rates as of Monday, August 10, 2020*
Loan Term6m1y2y3y
AAA/Aaa1.561.551.521.51
AA+/Aa11.761.751.721.71
AA/Aa21.811.801.771.76
AA-/Aa31.961.951.921.91
A+/A12.462.452.422.41
A/A22.562.552.522.51
A-/A32.712.702.672.66
BBB+/Baa13.313.303.273.26
BBB/Baa23.463.453.423.41
BBB-/Baa33.863.853.823.81
Below Investment Grade5.965.955.925.91


MLF Sample Purchase Rates as of Monday, August 3, 2020*
Loan Term6m1y2y3y
AAA/Aaa1.561.531.491.48
AA+/Aa11.761.731.691.68
AA/Aa21.811.781.741.73
AA-/Aa31.961.931.891.88
A+/A12.462.432.392.38
A/A22.562.532.492.48
A-/A32.712.682.642.63
BBB+/Baa13.313.283.243.23
BBB/Baa23.463.433.393.38
BBB-/Baa33.863.833.793.78
Below Investment Grade5.965.935.895.88


MLF Sample Purchase Rates as of Monday, July 27, 2020*
Loan Term6m1y2y3y
AAA/Aaa1.561.531.501.50
AA+/Aa11.761.731.701.70
AA/Aa21.811.781.751.75
AA-/Aa31.961.931.901.90
A+/A12.462.432.402.40
A/A22.562.532.502.50
A-/A32.712.682.652.65
BBB+/Baa13.313.283.253.25
BBB/Baa23.463.433.403.40
BBB-/Baa33.863.833.803.80
Below Investment Grade5.965.935.905.90


MLF Sample Purchase Rates as of Monday, July 20, 2020*
Loan Term6m1y2y3y
AAA/Aaa1.561.531.501.50
AA+/Aa11.761.731.701.70
AA/Aa21.811.781.751.75
AA-/Aa31.961.931.901.90
A+/A12.462.432.402.40
A/A22.562.532.502.50
A-/A32.712.682.652.65
BBB+/Baa13.313.283.253.25
BBB/Baa23.463.433.403.40
BBB-/Baa33.863.833.803.80
Below Investment Grade5.965.935.905.90


MLF Sample Purchase Rates as of Monday, July 13, 2020*
Loan Term6m1y2y3y
AAA/Aaa1.561.531.501.51
AA+/Aa11.761.731.701.71
AA/Aa21.811.781.751.76
AA-/Aa31.961.931.901.91
A+/A12.462.432.402.41
A/A22.562.532.502.51
A-/A32.712.682.652.66
BBB+/Baa13.313.283.253.26
BBB/Baa23.463.433.403.41
BBB-/Baa33.863.833.803.81
Below Investment Grade5.965.935.905.91


MLF Sample Purchase Rates as of Monday, July 6, 2020*
Loan Term6m1y2y3y
AAA/Aaa1.561.541.511.51
AA+/Aa11.761.741.711.71
AA/Aa21.811.791.761.76
AA-/Aa31.961.941.911.91
A+/A12.462.442.412.41
A/A22.562.542.512.51
A-/A32.712.692.662.66
BBB+/Baa13.313.293.263.26
BBB/Baa23.463.443.413.41
BBB-/Baa33.863.843.813.81
Below Investment Grade5.965.945.915.91


MLF Sample Purchase Rates as of Monday, June 29, 2020*
Loan Term6m1y2y3y
AAA/Aaa1.551.531.501.51
AA+/Aa11.751.731.701.71
AA/Aa21.801.781.751.76
AA-/Aa31.951.931.901.91
A+/A12.452.432.402.41
A/A22.552.532.502.51
A-/A32.702.682.652.66
BBB+/Baa13.303.283.253.26
BBB/Baa23.453.433.403.41
BBB-/Baa33.853.833.803.81
Below Investment Grade5.955.935.905.91


MLF Sample Purchase Rates as of Monday, June 22, 2020*
Loan Term6m1y2y3y
AAA/Aaa1.571.551.521.53
AA+/Aa11.771.751.721.73
AA/Aa21.821.801.771.78
AA-/Aa31.971.951.921.93
A+/A12.472.452.422.43
A/A22.572.552.522.53
A-/A32.722.702.672.68
BBB+/Baa13.323.303.273.28
BBB/Baa23.473.453.423.43
BBB-/Baa33.873.853.823.83
Below Investment Grade5.975.955.925.93


MLF Sample Purchase Rates as of Monday, June 15, 2020*
Loan Term6m1y2y3y
AAA/Aaa1.571.551.521.52
AA+/Aa11.771.751.721.72
AA/Aa21.821.801.771.77
AA-/Aa31.971.951.921.92
A+/A12.472.452.422.42
A/A22.572.552.522.52
A-/A32.722.702.672.67
BBB+/Baa13.323.303.273.27
BBB/Baa23.473.453.423.42
BBB-/Baa33.873.853.823.82
Below Investment Grade5.975.955.925.92


MLF Sample Purchase Rates as of Monday, June 8, 2020*
Loan Term6m1y2y3y
AAA/Aaa1.561.551.551.59
AA+/Aa11.761.751.751.79
AA/Aa21.811.801.801.84
AA-/Aa31.961.951.951.99
A+/A12.462.452.452.49
A/A22.562.552.552.59
A-/A32.712.702.702.74
BBB+/Baa13.313.303.303.34
BBB/Baa23.463.453.453.49
BBB-/Baa33.863.853.853.89
Below Investment Grade5.965.955.955.99


MLF Sample Purchase Rates as of Monday, June 1, 2020*
Loan Term6m1y2y3y
AAA/Aaa1.541.531.511.52
AA+/Aa11.741.731.711.72
AA/Aa21.791.781.761.77
AA-/Aa31.941.931.911.92
A+/A12.442.432.412.42
A/A22.542.532.512.52
A-/A32.692.682.662.67
BBB+/Baa13.293.283.263.27
BBB/Baa23.443.433.413.42
BBB-/Baa33.843.833.813.82
Below Investment Grade5.945.935.915.92


MLF Sample Purchase Rates as of Wednesday, May 27, 2020*
Loan Term6m1y2y3y
AAA/Aaa1.551.541.531.55
AA+/Aa11.751.741.731.75
AA/Aa21.801.791.781.80
AA-/Aa31.951.941.931.95
A+/A12.452.442.432.45
A/A22.552.542.532.55
A-/A32.702.692.682.70
BBB+/Baa13.303.293.283.30
BBB/Baa23.453.443.433.45
BBB-/Baa33.853.843.833.85
Below Investment Grade5.955.945.935.95
*If an issuer has split ratings, these ratings will be averaged according to the published methodology found in the MLF FAQs.

To determine indicative taxable rates for Eligible Notes with interest that is not excluded from gross income for federal income tax purposes, divide the purchase rates outlined in this table by 0.65.

The OIS rates used in determining these indicative purchase rates are as of 7:30am. ET.