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As of December 31, 2020, the MLF has ceased purchasing eligible notes. The materials and information on the web pages associated with this facility will remain available, but sample purchase rates are no longer published.
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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, December 28, 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.
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 Monday, December 21, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.08 | 1.07 | 1.08 | 1.11 |
| AA+/Aa1 | 1.28 | 1.27 | 1.28 | 1.31 |
| AA/Aa2 | 1.33 | 1.32 | 1.33 | 1.36 |
| AA-/Aa3 | 1.48 | 1.47 | 1.48 | 1.51 |
| A+/A1 | 1.98 | 1.97 | 1.98 | 2.01 |
| A/A2 | 2.08 | 2.07 | 2.08 | 2.11 |
| A-/A3 | 2.23 | 2.22 | 2.23 | 2.26 |
| BBB+/Baa1 | 2.83 | 2.82 | 2.83 | 2.86 |
| BBB/Baa2 | 2.98 | 2.97 | 2.98 | 3.01 |
| BBB-/Baa3 | 3.38 | 3.37 | 3.38 | 3.41 |
| Below Investment Grade | 5.48 | 5.47 | 5.48 | 5.51 |
MLF Sample Purchase Rates as of Monday, December 14, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.08 | 1.08 | 1.09 | 1.12 |
| AA+/Aa1 | 1.28 | 1.28 | 1.29 | 1.32 |
| AA/Aa2 | 1.33 | 1.33 | 1.34 | 1.37 |
| AA-/Aa3 | 1.48 | 1.48 | 1.49 | 1.52 |
| A+/A1 | 1.98 | 1.98 | 1.99 | 2.02 |
| A/A2 | 2.08 | 2.08 | 2.09 | 2.12 |
| A-/A3 | 2.23 | 2.23 | 2.24 | 2.27 |
| BBB+/Baa1 | 2.83 | 2.83 | 2.84 | 2.87 |
| BBB/Baa2 | 2.98 | 2.98 | 2.99 | 3.02 |
| BBB-/Baa3 | 3.38 | 3.38 | 3.39 | 3.42 |
| Below Investment Grade | 5.48 | 5.48 | 5.49 | 5.52 |
MLF Sample Purchase Rates as of Monday, December 7, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.08 | 1.08 | 1.09 | 1.13 |
| AA+/Aa1 | 1.28 | 1.28 | 1.29 | 1.33 |
| AA/Aa2 | 1.33 | 1.33 | 1.34 | 1.38 |
| AA-/Aa3 | 1.48 | 1.48 | 1.49 | 1.53 |
| A+/A1 | 1.98 | 1.98 | 1.99 | 2.03 |
| A/A2 | 2.08 | 2.08 | 2.09 | 2.13 |
| A-/A3 | 2.23 | 2.23 | 2.24 | 2.28 |
| BBB+/Baa1 | 2.83 | 2.83 | 2.84 | 2.88 |
| BBB/Baa2 | 2.98 | 2.98 | 2.99 | 3.03 |
| BBB-/Baa3 | 3.38 | 3.38 | 3.39 | 3.43 |
| Below Investment Grade | 5.48 | 5.48 | 5.49 | 5.53 |
MLF Sample Purchase Rates as of Monday, November 30, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.08 | 1.07 | 1.08 | 1.10 |
| AA+/Aa1 | 1.28 | 1.27 | 1.28 | 1.30 |
| AA/Aa2 | 1.33 | 1.32 | 1.33 | 1.35 |
| AA-/Aa3 | 1.48 | 1.47 | 1.48 | 1.50 |
| A+/A1 | 1.98 | 1.97 | 1.98 | 2.00 |
| A/A2 | 2.08 | 2.07 | 2.08 | 2.10 |
| A-/A3 | 2.23 | 2.22 | 2.23 | 2.25 |
| BBB+/Baa1 | 2.83 | 2.82 | 2.83 | 2.85 |
| BBB/Baa2 | 2.98 | 2.97 | 2.98 | 3.00 |
| BBB-/Baa3 | 3.38 | 3.37 | 3.38 | 3.40 |
| Below Investment Grade | 5.48 | 5.47 | 5.48 | 5.50 |
MLF Sample Purchase Rates as of Monday, November 23, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.07 | 1.07 | 1.08 | 1.11 |
| AA+/Aa1 | 1.27 | 1.27 | 1.28 | 1.31 |
| AA/Aa2 | 1.32 | 1.32 | 1.33 | 1.36 |
| AA-/Aa3 | 1.47 | 1.47 | 1.48 | 1.51 |
| A+/A1 | 1.97 | 1.97 | 1.98 | 2.01 |
| A/A2 | 2.07 | 2.07 | 2.08 | 2.11 |
| A-/A3 | 2.22 | 2.22 | 2.23 | 2.26 |
| BBB+/Baa1 | 2.82 | 2.82 | 2.83 | 2.86 |
| BBB/Baa2 | 2.97 | 2.97 | 2.98 | 3.01 |
| BBB-/Baa3 | 3.37 | 3.37 | 3.38 | 3.41 |
| Below Investment Grade | 5.47 | 5.47 | 5.48 | 5.51 |
MLF Sample Purchase Rates as of Monday, November 16, 2020
| Indicative MLF Purchase Rates as of 11/16/2020 | ||||
|---|---|---|---|---|
| Loan Term | 6m | 1y | 2y | 3y |
| AAA/Aaa | 1.08 | 1.07 | 1.08 | 1.12 |
| AA+/Aa1 | 1.28 | 1.27 | 1.28 | 1.32 |
| AA/Aa2 | 1.33 | 1.32 | 1.33 | 1.37 |
| AA-/Aa3 | 1.48 | 1.47 | 1.48 | 1.52 |
| A+/A1 | 1.98 | 1.97 | 1.98 | 2.02 |
| A/A2 | 2.08 | 2.07 | 2.08 | 2.12 |
| A-/A3 | 2.23 | 2.22 | 2.23 | 2.27 |
| BBB+/Baa1 | 2.83 | 2.82 | 2.83 | 2.87 |
| BBB/Baa2 | 2.98 | 2.97 | 2.98 | 3.02 |
| BBB-/Baa3 | 3.38 | 3.37 | 3.38 | 3.42 |
| Below Investment Grade | 5.48 | 5.47 | 5.48 | 5.52 |
MLF Sample Purchase Rates as of Monday, November 9, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.08 | 1.07 | 1.07 | 1.10 |
| AA+/Aa1 | 1.28 | 1.27 | 1.27 | 1.30 |
| AA/Aa2 | 1.33 | 1.32 | 1.32 | 1.35 |
| AA-/Aa3 | 1.48 | 1.47 | 1.47 | 1.50 |
| A+/A1 | 1.98 | 1.97 | 1.97 | 2.00 |
| A/A2 | 2.08 | 2.07 | 2.07 | 2.10 |
| A-/A3 | 2.23 | 2.22 | 2.22 | 2.25 |
| BBB+/Baa1 | 2.83 | 2.82 | 2.82 | 2.85 |
| BBB/Baa2 | 2.98 | 2.97 | 2.97 | 3.00 |
| BBB-/Baa3 | 3.38 | 3.37 | 3.37 | 3.40 |
| Below Investment Grade | 5.48 | 5.47 | 5.47 | 5.50 |
MLF Sample Purchase Rates as of Monday, November 2, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.07 | 1.06 | 1.05 | 1.08 |
| AA+/Aa1 | 1.27 | 1.26 | 1.25 | 1.28 |
| AA/Aa2 | 1.32 | 1.31 | 1.30 | 1.33 |
| AA-/Aa3 | 1.47 | 1.46 | 1.45 | 1.48 |
| A+/A1 | 1.97 | 1.96 | 1.95 | 1.98 |
| A/A2 | 2.07 | 2.06 | 2.05 | 2.08 |
| A-/A3 | 2.22 | 2.21 | 2.20 | 2.23 |
| BBB+/Baa1 | 2.82 | 2.81 | 2.80 | 2.83 |
| BBB/Baa2 | 2.97 | 2.96 | 2.95 | 2.98 |
| BBB-/Baa3 | 3.37 | 3.36 | 3.35 | 3.38 |
| Below Investment Grade | 5.47 | 5.46 | 5.45 | 5.48 |
MLF Sample Purchase Rates as of Monday, October 26, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.08 | 1.07 | 1.06 | 1.08 |
| AA+/Aa1 | 1.28 | 1.27 | 1.26 | 1.28 |
| AA/Aa2 | 1.33 | 1.32 | 1.31 | 1.33 |
| AA-/Aa3 | 1.48 | 1.47 | 1.46 | 1.48 |
| A+/A1 | 1.98 | 1.97 | 1.96 | 1.98 |
| A/A2 | 2.08 | 2.07 | 2.06 | 2.08 |
| A-/A3 | 2.23 | 2.22 | 2.21 | 2.23 |
| BBB+/Baa1 | 2.83 | 2.82 | 2.81 | 2.83 |
| BBB/Baa2 | 2.98 | 2.97 | 2.96 | 2.98 |
| BBB-/Baa3 | 3.38 | 3.37 | 3.36 | 3.38 |
| Below Investment Grade | 5.48 | 5.47 | 5.46 | 5.48 |
MLF Sample Purchase Rates as of Monday, October 19, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.07 | 1.07 | 1.06 | 1.08 |
| AA+/Aa1 | 1.27 | 1.27 | 1.26 | 1.28 |
| AA/Aa2 | 1.32 | 1.32 | 1.31 | 1.33 |
| AA-/Aa3 | 1.47 | 1.47 | 1.46 | 1.48 |
| A+/A1 | 1.97 | 1.97 | 1.96 | 1.98 |
| A/A2 | 2.07 | 2.07 | 2.06 | 2.08 |
| A-/A3 | 2.22 | 2.22 | 2.21 | 2.23 |
| BBB+/Baa1 | 2.82 | 2.82 | 2.81 | 2.83 |
| BBB/Baa2 | 2.97 | 2.97 | 2.96 | 2.98 |
| BBB-/Baa3 | 3.37 | 3.37 | 3.36 | 3.38 |
| Below Investment Grade | 5.47 | 5.47 | 5.46 | 5.48 |
MLF Sample Purchase Rates as of Tuesday, October 13, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.07 | 1.07 | 1.05 | 1.07 |
| AA+/Aa1 | 1.27 | 1.27 | 1.25 | 1.27 |
| AA/Aa2 | 1.32 | 1.32 | 1.30 | 1.32 |
| AA-/Aa3 | 1.47 | 1.47 | 1.45 | 1.47 |
| A+/A1 | 1.97 | 1.97 | 1.95 | 1.97 |
| A/A2 | 2.07 | 2.07 | 2.05 | 2.07 |
| A-/A3 | 2.22 | 2.22 | 2.20 | 2.22 |
| BBB+/Baa1 | 2.82 | 2.82 | 2.80 | 2.82 |
| BBB/Baa2 | 2.97 | 2.97 | 2.95 | 2.97 |
| BBB-/Baa3 | 3.37 | 3.37 | 3.35 | 3.37 |
| Below Investment Grade | 5.47 | 5.47 | 5.45 | 5.47 |
MLF Sample Purchase Rates as of Monday, October 5, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.07 | 1.06 | 1.04 | 1.05 |
| AA+/Aa1 | 1.27 | 1.26 | 1.24 | 1.25 |
| AA/Aa2 | 1.32 | 1.31 | 1.29 | 1.30 |
| AA-/Aa3 | 1.47 | 1.46 | 1.44 | 1.45 |
| A+/A1 | 1.97 | 1.96 | 1.94 | 1.95 |
| A/A2 | 2.07 | 2.06 | 2.04 | 2.05 |
| A-/A3 | 2.22 | 2.21 | 2.19 | 2.20 |
| BBB+/Baa1 | 2.82 | 2.81 | 2.79 | 2.80 |
| BBB/Baa2 | 2.97 | 2.96 | 2.94 | 2.95 |
| BBB-/Baa3 | 3.37 | 3.36 | 3.34 | 3.35 |
| Below Investment Grade | 5.47 | 5.46 | 5.44 | 5.45 |
MLF Sample Purchase Rates as of Monday, September 28, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.07 | 1.06 | 1.04 | 1.05 |
| AA+/Aa1 | 1.27 | 1.26 | 1.24 | 1.25 |
| AA/Aa2 | 1.32 | 1.31 | 1.29 | 1.30 |
| AA-/Aa3 | 1.47 | 1.46 | 1.44 | 1.45 |
| A+/A1 | 1.97 | 1.96 | 1.94 | 1.95 |
| A/A2 | 2.07 | 2.06 | 2.04 | 2.05 |
| A-/A3 | 2.22 | 2.21 | 2.19 | 2.20 |
| BBB+/Baa1 | 2.82 | 2.81 | 2.79 | 2.80 |
| BBB/Baa2 | 2.97 | 2.96 | 2.94 | 2.95 |
| BBB-/Baa3 | 3.37 | 3.36 | 3.34 | 3.35 |
| Below Investment Grade | 5.47 | 5.46 | 5.44 | 5.45 |
MLF Sample Purchase Rates as of Monday, September 21, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.07 | 1.06 | 1.03 | 1.04 |
| AA+/Aa1 | 1.27 | 1.26 | 1.23 | 1.24 |
| AA/Aa2 | 1.32 | 1.31 | 1.28 | 1.29 |
| AA-/Aa3 | 1.47 | 1.46 | 1.43 | 1.44 |
| A+/A1 | 1.97 | 1.96 | 1.93 | 1.94 |
| A/A2 | 2.07 | 2.06 | 2.03 | 2.04 |
| A-/A3 | 2.22 | 2.21 | 2.18 | 2.19 |
| BBB+/Baa1 | 2.82 | 2.81 | 2.78 | 2.79 |
| BBB/Baa2 | 2.97 | 2.96 | 2.93 | 2.94 |
| BBB-/Baa3 | 3.37 | 3.36 | 3.33 | 3.34 |
| Below Investment Grade | 5.47 | 5.46 | 5.43 | 5.44 |
MLF Sample Purchase Rates as of Monday, September 14, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.07 | 1.05 | 1.03 | 1.03 |
| AA+/Aa1 | 1.27 | 1.25 | 1.23 | 1.23 |
| AA/Aa2 | 1.32 | 1.30 | 1.28 | 1.28 |
| AA-/Aa3 | 1.47 | 1.45 | 1.43 | 1.43 |
| A+/A1 | 1.97 | 1.95 | 1.93 | 1.93 |
| A/A2 | 2.07 | 2.05 | 2.03 | 2.03 |
| A-/A3 | 2.22 | 2.20 | 2.18 | 2.18 |
| BBB+/Baa1 | 2.82 | 2.80 | 2.78 | 2.78 |
| BBB/Baa2 | 2.97 | 2.95 | 2.93 | 2.93 |
| BBB-/Baa3 | 3.37 | 3.35 | 3.33 | 3.33 |
| Below Investment Grade | 5.47 | 5.45 | 5.43 | 5.43 |
MLF Sample Purchase Rates as of Tuesday, September 8, 2020
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.07 | 1.06 | 1.04 | 1.05 |
| AA+/Aa1 | 1.27 | 1.26 | 1.24 | 1.25 |
| AA/Aa2 | 1.32 | 1.31 | 1.29 | 1.30 |
| AA-/Aa3 | 1.47 | 1.46 | 1.44 | 1.45 |
| A+/A1 | 1.97 | 1.96 | 1.94 | 1.95 |
| A/A2 | 2.07 | 2.06 | 2.04 | 2.05 |
| A-/A3 | 2.22 | 2.21 | 2.19 | 2.20 |
| BBB+/Baa1 | 2.82 | 2.81 | 2.79 | 2.80 |
| BBB/Baa2 | 2.97 | 2.96 | 2.94 | 2.95 |
| BBB-/Baa3 | 3.37 | 3.36 | 3.34 | 3.35 |
| Below Investment Grade | 5.47 | 5.46 | 5.44 | 5.45 |
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.
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 Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.06 | 1.05 | 1.03 | 1.04 |
| AA+/Aa1 | 1.26 | 1.25 | 1.23 | 1.24 |
| AA/Aa2 | 1.31 | 1.30 | 1.28 | 1.29 |
| AA-/Aa3 | 1.46 | 1.45 | 1.43 | 1.44 |
| A+/A1 | 1.96 | 1.95 | 1.93 | 1.94 |
| A/A2 | 2.06 | 2.05 | 2.03 | 2.04 |
| A-/A3 | 2.21 | 2.20 | 2.18 | 2.19 |
| BBB+/Baa1 | 2.81 | 2.80 | 2.78 | 2.79 |
| BBB/Baa2 | 2.96 | 2.95 | 2.93 | 2.94 |
| BBB-/Baa3 | 3.36 | 3.35 | 3.33 | 3.34 |
| Below Investment Grade | 5.46 | 5.45 | 5.43 | 5.44 |
MLF Sample Purchase Rates as of Monday, August 24, 2020***
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.06 | 1.05 | 1.03 | 1.03 |
| AA+/Aa1 | 1.26 | 1.25 | 1.23 | 1.23 |
| AA/Aa2 | 1.31 | 1.30 | 1.28 | 1.28 |
| AA-/Aa3 | 1.46 | 1.45 | 1.43 | 1.43 |
| A+/A1 | 1.96 | 1.95 | 1.93 | 1.93 |
| A/A2 | 2.06 | 2.05 | 2.03 | 2.03 |
| A-/A3 | 2.21 | 2.20 | 2.18 | 2.18 |
| BBB+/Baa1 | 2.81 | 2.80 | 2.78 | 2.78 |
| BBB/Baa2 | 2.96 | 2.95 | 2.93 | 2.93 |
| BBB-/Baa3 | 3.36 | 3.35 | 3.33 | 3.33 |
| Below Investment Grade | 5.46 | 5.45 | 5.43 | 5.43 |
MLF Sample Purchase Rates as of Monday, August 17, 2020***
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.07 | 1.06 | 1.04 | 1.05 |
| AA+/Aa1 | 1.27 | 1.26 | 1.24 | 1.25 |
| AA/Aa2 | 1.32 | 1.31 | 1.29 | 1.30 |
| AA-/Aa3 | 1.47 | 1.46 | 1.44 | 1.45 |
| A+/A1 | 1.97 | 1.96 | 1.94 | 1.95 |
| A/A2 | 2.07 | 2.06 | 2.04 | 2.05 |
| A-/A3 | 2.22 | 2.21 | 2.19 | 2.20 |
| BBB+/Baa1 | 2.82 | 2.81 | 2.79 | 2.80 |
| BBB/Baa2 | 2.97 | 2.96 | 2.94 | 2.95 |
| BBB-/Baa3 | 3.37 | 3.36 | 3.34 | 3.35 |
| Below Investment Grade | 5.47 | 5.46 | 5.44 | 5.45 |
***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.
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 Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.07 | 1.05 | 1.04 | 1.04 |
| AA+/Aa1 | 1.27 | 1.25 | 1.24 | 1.24 |
| AA/Aa2 | 1.32 | 1.30 | 1.29 | 1.29 |
| AA-/Aa3 | 1.47 | 1.45 | 1.44 | 1.44 |
| A+/A1 | 1.97 | 1.95 | 1.94 | 1.94 |
| A/A2 | 2.07 | 2.05 | 2.04 | 2.04 |
| A-/A3 | 2.22 | 2.20 | 2.19 | 2.19 |
| BBB+/Baa1 | 2.82 | 2.80 | 2.79 | 2.79 |
| BBB/Baa2 | 2.97 | 2.95 | 2.94 | 2.94 |
| BBB-/Baa3 | 3.37 | 3.35 | 3.34 | 3.34 |
| Below Investment Grade | 5.47 | 5.45 | 5.44 | 5.44 |
**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.
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 Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.56 | 1.55 | 1.52 | 1.51 |
| AA+/Aa1 | 1.76 | 1.75 | 1.72 | 1.71 |
| AA/Aa2 | 1.81 | 1.80 | 1.77 | 1.76 |
| AA-/Aa3 | 1.96 | 1.95 | 1.92 | 1.91 |
| A+/A1 | 2.46 | 2.45 | 2.42 | 2.41 |
| A/A2 | 2.56 | 2.55 | 2.52 | 2.51 |
| A-/A3 | 2.71 | 2.70 | 2.67 | 2.66 |
| BBB+/Baa1 | 3.31 | 3.30 | 3.27 | 3.26 |
| BBB/Baa2 | 3.46 | 3.45 | 3.42 | 3.41 |
| BBB-/Baa3 | 3.86 | 3.85 | 3.82 | 3.81 |
| Below Investment Grade | 5.96 | 5.95 | 5.92 | 5.91 |
MLF Sample Purchase Rates as of Monday, August 3, 2020*
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.56 | 1.53 | 1.49 | 1.48 |
| AA+/Aa1 | 1.76 | 1.73 | 1.69 | 1.68 |
| AA/Aa2 | 1.81 | 1.78 | 1.74 | 1.73 |
| AA-/Aa3 | 1.96 | 1.93 | 1.89 | 1.88 |
| A+/A1 | 2.46 | 2.43 | 2.39 | 2.38 |
| A/A2 | 2.56 | 2.53 | 2.49 | 2.48 |
| A-/A3 | 2.71 | 2.68 | 2.64 | 2.63 |
| BBB+/Baa1 | 3.31 | 3.28 | 3.24 | 3.23 |
| BBB/Baa2 | 3.46 | 3.43 | 3.39 | 3.38 |
| BBB-/Baa3 | 3.86 | 3.83 | 3.79 | 3.78 |
| Below Investment Grade | 5.96 | 5.93 | 5.89 | 5.88 |
MLF Sample Purchase Rates as of Monday, July 27, 2020*
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.56 | 1.53 | 1.50 | 1.50 |
| AA+/Aa1 | 1.76 | 1.73 | 1.70 | 1.70 |
| AA/Aa2 | 1.81 | 1.78 | 1.75 | 1.75 |
| AA-/Aa3 | 1.96 | 1.93 | 1.90 | 1.90 |
| A+/A1 | 2.46 | 2.43 | 2.40 | 2.40 |
| A/A2 | 2.56 | 2.53 | 2.50 | 2.50 |
| A-/A3 | 2.71 | 2.68 | 2.65 | 2.65 |
| BBB+/Baa1 | 3.31 | 3.28 | 3.25 | 3.25 |
| BBB/Baa2 | 3.46 | 3.43 | 3.40 | 3.40 |
| BBB-/Baa3 | 3.86 | 3.83 | 3.80 | 3.80 |
| Below Investment Grade | 5.96 | 5.93 | 5.90 | 5.90 |
MLF Sample Purchase Rates as of Monday, July 20, 2020*
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.56 | 1.53 | 1.50 | 1.50 |
| AA+/Aa1 | 1.76 | 1.73 | 1.70 | 1.70 |
| AA/Aa2 | 1.81 | 1.78 | 1.75 | 1.75 |
| AA-/Aa3 | 1.96 | 1.93 | 1.90 | 1.90 |
| A+/A1 | 2.46 | 2.43 | 2.40 | 2.40 |
| A/A2 | 2.56 | 2.53 | 2.50 | 2.50 |
| A-/A3 | 2.71 | 2.68 | 2.65 | 2.65 |
| BBB+/Baa1 | 3.31 | 3.28 | 3.25 | 3.25 |
| BBB/Baa2 | 3.46 | 3.43 | 3.40 | 3.40 |
| BBB-/Baa3 | 3.86 | 3.83 | 3.80 | 3.80 |
| Below Investment Grade | 5.96 | 5.93 | 5.90 | 5.90 |
MLF Sample Purchase Rates as of Monday, July 13, 2020*
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.56 | 1.53 | 1.50 | 1.51 |
| AA+/Aa1 | 1.76 | 1.73 | 1.70 | 1.71 |
| AA/Aa2 | 1.81 | 1.78 | 1.75 | 1.76 |
| AA-/Aa3 | 1.96 | 1.93 | 1.90 | 1.91 |
| A+/A1 | 2.46 | 2.43 | 2.40 | 2.41 |
| A/A2 | 2.56 | 2.53 | 2.50 | 2.51 |
| A-/A3 | 2.71 | 2.68 | 2.65 | 2.66 |
| BBB+/Baa1 | 3.31 | 3.28 | 3.25 | 3.26 |
| BBB/Baa2 | 3.46 | 3.43 | 3.40 | 3.41 |
| BBB-/Baa3 | 3.86 | 3.83 | 3.80 | 3.81 |
| Below Investment Grade | 5.96 | 5.93 | 5.90 | 5.91 |
MLF Sample Purchase Rates as of Monday, July 6, 2020*
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.56 | 1.54 | 1.51 | 1.51 |
| AA+/Aa1 | 1.76 | 1.74 | 1.71 | 1.71 |
| AA/Aa2 | 1.81 | 1.79 | 1.76 | 1.76 |
| AA-/Aa3 | 1.96 | 1.94 | 1.91 | 1.91 |
| A+/A1 | 2.46 | 2.44 | 2.41 | 2.41 |
| A/A2 | 2.56 | 2.54 | 2.51 | 2.51 |
| A-/A3 | 2.71 | 2.69 | 2.66 | 2.66 |
| BBB+/Baa1 | 3.31 | 3.29 | 3.26 | 3.26 |
| BBB/Baa2 | 3.46 | 3.44 | 3.41 | 3.41 |
| BBB-/Baa3 | 3.86 | 3.84 | 3.81 | 3.81 |
| Below Investment Grade | 5.96 | 5.94 | 5.91 | 5.91 |
MLF Sample Purchase Rates as of Monday, June 29, 2020*
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.55 | 1.53 | 1.50 | 1.51 |
| AA+/Aa1 | 1.75 | 1.73 | 1.70 | 1.71 |
| AA/Aa2 | 1.80 | 1.78 | 1.75 | 1.76 |
| AA-/Aa3 | 1.95 | 1.93 | 1.90 | 1.91 |
| A+/A1 | 2.45 | 2.43 | 2.40 | 2.41 |
| A/A2 | 2.55 | 2.53 | 2.50 | 2.51 |
| A-/A3 | 2.70 | 2.68 | 2.65 | 2.66 |
| BBB+/Baa1 | 3.30 | 3.28 | 3.25 | 3.26 |
| BBB/Baa2 | 3.45 | 3.43 | 3.40 | 3.41 |
| BBB-/Baa3 | 3.85 | 3.83 | 3.80 | 3.81 |
| Below Investment Grade | 5.95 | 5.93 | 5.90 | 5.91 |
MLF Sample Purchase Rates as of Monday, June 22, 2020*
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.57 | 1.55 | 1.52 | 1.53 |
| AA+/Aa1 | 1.77 | 1.75 | 1.72 | 1.73 |
| AA/Aa2 | 1.82 | 1.80 | 1.77 | 1.78 |
| AA-/Aa3 | 1.97 | 1.95 | 1.92 | 1.93 |
| A+/A1 | 2.47 | 2.45 | 2.42 | 2.43 |
| A/A2 | 2.57 | 2.55 | 2.52 | 2.53 |
| A-/A3 | 2.72 | 2.70 | 2.67 | 2.68 |
| BBB+/Baa1 | 3.32 | 3.30 | 3.27 | 3.28 |
| BBB/Baa2 | 3.47 | 3.45 | 3.42 | 3.43 |
| BBB-/Baa3 | 3.87 | 3.85 | 3.82 | 3.83 |
| Below Investment Grade | 5.97 | 5.95 | 5.92 | 5.93 |
MLF Sample Purchase Rates as of Monday, June 15, 2020*
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.57 | 1.55 | 1.52 | 1.52 |
| AA+/Aa1 | 1.77 | 1.75 | 1.72 | 1.72 |
| AA/Aa2 | 1.82 | 1.80 | 1.77 | 1.77 |
| AA-/Aa3 | 1.97 | 1.95 | 1.92 | 1.92 |
| A+/A1 | 2.47 | 2.45 | 2.42 | 2.42 |
| A/A2 | 2.57 | 2.55 | 2.52 | 2.52 |
| A-/A3 | 2.72 | 2.70 | 2.67 | 2.67 |
| BBB+/Baa1 | 3.32 | 3.30 | 3.27 | 3.27 |
| BBB/Baa2 | 3.47 | 3.45 | 3.42 | 3.42 |
| BBB-/Baa3 | 3.87 | 3.85 | 3.82 | 3.82 |
| Below Investment Grade | 5.97 | 5.95 | 5.92 | 5.92 |
MLF Sample Purchase Rates as of Monday, June 8, 2020*
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.56 | 1.55 | 1.55 | 1.59 |
| AA+/Aa1 | 1.76 | 1.75 | 1.75 | 1.79 |
| AA/Aa2 | 1.81 | 1.80 | 1.80 | 1.84 |
| AA-/Aa3 | 1.96 | 1.95 | 1.95 | 1.99 |
| A+/A1 | 2.46 | 2.45 | 2.45 | 2.49 |
| A/A2 | 2.56 | 2.55 | 2.55 | 2.59 |
| A-/A3 | 2.71 | 2.70 | 2.70 | 2.74 |
| BBB+/Baa1 | 3.31 | 3.30 | 3.30 | 3.34 |
| BBB/Baa2 | 3.46 | 3.45 | 3.45 | 3.49 |
| BBB-/Baa3 | 3.86 | 3.85 | 3.85 | 3.89 |
| Below Investment Grade | 5.96 | 5.95 | 5.95 | 5.99 |
MLF Sample Purchase Rates as of Monday, June 1, 2020*
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.54 | 1.53 | 1.51 | 1.52 |
| AA+/Aa1 | 1.74 | 1.73 | 1.71 | 1.72 |
| AA/Aa2 | 1.79 | 1.78 | 1.76 | 1.77 |
| AA-/Aa3 | 1.94 | 1.93 | 1.91 | 1.92 |
| A+/A1 | 2.44 | 2.43 | 2.41 | 2.42 |
| A/A2 | 2.54 | 2.53 | 2.51 | 2.52 |
| A-/A3 | 2.69 | 2.68 | 2.66 | 2.67 |
| BBB+/Baa1 | 3.29 | 3.28 | 3.26 | 3.27 |
| BBB/Baa2 | 3.44 | 3.43 | 3.41 | 3.42 |
| BBB-/Baa3 | 3.84 | 3.83 | 3.81 | 3.82 |
| Below Investment Grade | 5.94 | 5.93 | 5.91 | 5.92 |
MLF Sample Purchase Rates as of Wednesday, May 27, 2020*
| Loan Term | 6m | 1y | 2y | 3y |
|---|---|---|---|---|
| AAA/Aaa | 1.55 | 1.54 | 1.53 | 1.55 |
| AA+/Aa1 | 1.75 | 1.74 | 1.73 | 1.75 |
| AA/Aa2 | 1.80 | 1.79 | 1.78 | 1.80 |
| AA-/Aa3 | 1.95 | 1.94 | 1.93 | 1.95 |
| A+/A1 | 2.45 | 2.44 | 2.43 | 2.45 |
| A/A2 | 2.55 | 2.54 | 2.53 | 2.55 |
| A-/A3 | 2.70 | 2.69 | 2.68 | 2.70 |
| BBB+/Baa1 | 3.30 | 3.29 | 3.28 | 3.30 |
| BBB/Baa2 | 3.45 | 3.44 | 3.43 | 3.45 |
| BBB-/Baa3 | 3.85 | 3.84 | 3.83 | 3.85 |
| Below Investment Grade | 5.95 | 5.94 | 5.93 | 5.95 |
*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.
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.
