Interest Rate Survey for May 2007
Your Place for Fixed Income Investment News (5.55% APY CD)
A survey of rates for Fixed Income Investments. Top paying CDs (5.55%), TIPS, Ibonds, Treasuries, FHLB and even a money market fund paying 5.22% APY!
Definition: A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest. Often there is a penalty for early withdrawal (taking your money out before the specified period of time.)
Highest Rate is 5.55% for a 17 Month CD.
(Click here for rate sheets for each institution listed)
- 3 Month CD is paying 5.30% @ Countrywide
- 6 Month CD is paying 5.41% @ World Savings & Countrywide
- 9 or 10 Month CD is paying 5.41% @ World Savings
- 1 Year CD is paying 5.31% @ AmTrust Direct
- 17 Month CD is paying 5.55% @ Security Savings Bank
- 18 Month CD is paying 5.25% @ NetBank
- 2 Year CD is paying 5.20% @ NetBank
- 3 Year CD is paying 5.20% @ NetBank
- 5 Year CD is paying 5.20% @ NetBank
- 5 Year CD is paying 5.14% @ World Savings
- 7 Year CD is paying 5.20% @ NetBank
See the full rate survey below in table form here with links to more information about each bank.
Best Rate Money Market Fund
- Daily Saving rate is 5.22% APR @ Vanguard Prime MMF (This is 5.10% )
US Treasuries:
- The 3 Month Treasury Bill currently pays 4.87%
- The 6 Month Treasury Bill currently pays 5.01%
- The 2 year Treasury Note currently pays 4.68%
- The 3 year Treasury Note currently pays4.60%
- The 5 year Treasury Note currently pays 4.55%
- The 10 year Treasury Mote currently pays 4.64%
- The 30 year Treasury Bill currently pays 4.81%
See the full rate survey in table form here
Treasury notes, sometimes called T-Notes, earn a fixed rate of interest every six months until maturity. Notes are issued in terms of 2, *3, 5, and 10 years. (The 3 year note will end soon)
TIPS: Treasury Inflation Protected Securities
Inflation Indexed Treasury Bond Rates. See the full rate survey below and in table form here
- Term - Coupon - Maturity Date - Base Rate
- 5-Year - 2.000 - 04/15/2012 - 2.14%
- 10-Year - 2.375 - 01/15/2017 2.24%
- 20-Year - 2.375 - 01/15/2027 2.35%
- 30-Year - 3.375% - 04/15/2032 - 2.26%
FHLB or Federal Home Loan Bank Rates: See the full rate survey below and in table form here
- Rate - Maturity Date - Credit Quality - Callable?
- FHLB 5.20% 11/07/2007 Aaa/AAA* Yes**
- FHLB 5.25% 11/15/2010 Aaa/AAA* No**
- FHLB 5.50% 05/14/2012 Aaa/AAA No**
- FHLB 5.58% 05/16/2014 Aaa/AAA No**
- FHLB 5.75% 05/15/2017 Aaa/AAA No**
- FHLB 6.00% 05/23/2022 Aaa/AAA* No**
*Moodys/S&P Ratings
** Call Protected "Yes" means the bond is not callable. Call Protected "No" means the bond is callable.
