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Description
For continuously updated economic indicators, visit www.appraisalinstitute.org.
Market Rates and Bond Yields--% Sept. Mar. Sept. Mar. Sept. Sept. 2007 2007 2006 2006 2005 2004 Reserve Bank Discount Rate 5.53 6.25 6.25 5.53 4.59 2.58 Prime Rate (monthly average) 8.03 8.25 8.25 7.53 6.59 4.58 Federal Funds Rate 4.94 5.26 5.25 4.59 3.62 1.61 3-Month Treasury Bills 3.89 4.94 4.81 4.51 3.42 1.65 6-Month Treasury Bills 4.05 4.89 4.89 4.62 3.67 1.87 3-Month Certificates of 5.46 5.30 5.34 4.88 3.87 1.86 Deposit LIBOR-3 month rate 5.53 5.34 5.38 4.91 3.85 1.84 U.S. 5-Year Bond 4.20 4.48 4.67 4.72 4.01 3.36 U.S. 10-Year Bond 4.52 4.56 4.72 4.72 4.20 4.13 U.S. 30-Year Bond* 4.79* 4.72* 4.85* 4.91* 4.51* 4.89* Municipal Tax Exempts 4.26 3.88 3.87 4.29 4.34 4.40 (Aaa) [dagger] Municipal Tax Exempts 4.48 4.16 4.38 4.53 4.46 4.63 (A) [dagger] Corporate Bonds (Aaa) 5.74 5.30 5.51 5.52 5.13 5.46 Corporate Bonds (A) [dagger]... |

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