Month

Year

Fed Funds
Rate

Discount
Rate

3-Mo.

6-Mo.

1-Year

2-Year

5-Year

10-Year

30-Year

January

1990

8.23

7.00

7.90

7.96

7.92

8.09

8.12

8.21

8.26

February

1990

8.24

7.00

8.00

8.12

8.11

8.37

8.42

8.47

8.50

March

1990

8.28

7.00

8.17

8.28

8.35

8.63

8.60

8.59

8.56

April

1990

8.26

7.00

8.04

8.27

8.40

8.72

8.77

8.79

8.76

May

1990

8.18

7.00

8.01

8.19

8.32

8.64

8.74

8.76

8.73

June

1990

8.29

7.00

7.99

8.05

8.10

8.35

8.43

8.48

8.46

July

1990

8.15

7.00

7.87

7.92

7.94

8.16

8.33

8.47

8.50

August

1990

8.13

7.00

7.69

7.77

7.78

8.06

8.44

8.75

8.86

September

1990

8.20

7.00

7.60

7.70

7.76

8.08

8.51

8.89

9.03

October

1990

8.11

7.00

7.40

7.53

7.55

7.88

8.33

8.72

8.86

November

1990

7.81

7.00

7.29

7.39

7.31

7.60

8.02

8.39

8.54

December

1990

7.31

6.79

6.95

7.03

7.05

7.31

7.73

8.08

8.24

January

1991

6.91

6.50

6.41

6.58

6.64

7.13

7.70

8.09

8.27

February

1991

6.25

6.00

6.12

6.19

6.27

6.87

7.47

7.85

8.03

March

1991

6.12

6.00

6.09

6.20

6.40

7.10

7.77

8.11

8.29

April

1991

5.91

5.98

5.83

5.98

6.24

6.95

7.70

8.04

8.21

May

1991

5.78

5.50

5.63

5.87

6.13

6.78

7.70

8.07

8.27

June

1991

5.90

5.50

5.75

6.02

6.36

6.96

7.94

8.28

8.47

July

1991

5.82

5.50

5.75

5.97

6.31

6.92

7.91

8.27

8.45

August

1991

5.66

5.50

5.50

5.63

5.78

6.43

7.43

7.90

8.14

September

1991

5.45

5.20

5.37

5.48

5.57

6.18

7.14

7.65

7.95

October

1991

5.21

5.00

5.14

5.26

5.33

5.91

6.87

7.53

7.93

November

1991

4.81

4.58

4.69

4.80

4.89

5.56

6.62

7.42

7.92

December

1991

4.43

4.11

4.18

4.26

4.38

5.03

6.19

7.09

7.70

January

1992

4.03

3.50

3.91

4.01

4.15

4.96

6.24

7.03

7.58

February

1992

4.06

3.50

3.95

4.08

4.29

5.21

6.58

7.34

7.85

March

1992

3.98

3.50

4.14

4.33

4.63

5.69

6.95

7.54

7.97

April

1992

3.73

3.50

3.84

4.00

4.30

5.34

6.78

7.48

7.96

May

1992

3.82

3.50

3.72

3.88

4.19

5.23

6.69

7.39

7.89

June

1992

3.76

3.50

3.75

3.90

4.17

5.05

6.48

7.26

7.84

July

1992

3.25

3.02

3.28

3.38

3.60

4.36

5.84

6.84

7.60

August

1992

3.30

3.00

3.20

3.31

3.47

4.19

5.60

6.59

7.39

September

1992

3.22

3.00

2.97

3.04

3.18

3.89

5.38

6.42

7.34

October

1992

3.10

3.00

2.93

3.13

3.30

4.08

5.60

6.59

7.53

November

1992

3.09

3.00

3.21

3.44

3.68

4.58

6.04

6.87

7.61

December

1992

2.92

3.00

3.29

3.47

3.71

4.67

6.08

6.77

7.44

January

1993

3.02

3.00

3.07

3.24

3.50

4.39

5.83

6.60

7.34

February

1993

3.03

3.00

2.99

3.16

3.39

4.10

5.43

6.26

7.09

March

1993

3.07

3.00

3.01

3.15

3.33

3.95

5.19

5.98

6.82

April

1993

2.96

3.00

2.93

3.06

3.24

3.84

5.13

5.97

6.85

May

1993

3.00

3.00

3.03

3.17

3.36

3.98

5.20

6.04

6.92

June

1993

3.04

3.00

3.14

3.29

3.54

4.16

5.22

5.96

6.81

July

1993

3.06

3.00

3.11

3.26

3.47

4.07

5.09

5.81

6.63

August

1993

3.03

3.00

3.09

3.24

3.44

4.00

5.03

5.68

6.32

September

1993

3.09

3.00

3.01

3.15

3.36

3.85

4.73

5.36

6.00

October

1993

2.99

3.00

3.09

3.22

3.39

3.87

4.71

5.33

5.94

November

1993

3.02

3.00

3.18

3.36

3.58

4.16

5.06

5.72

6.21

December

1993

2.96

3.00

3.13

3.34

3.61

4.21

5.15

5.77

6.25

January

1994

3.05

3.00

3.04

3.25

3.54

4.14

5.09

5.75

6.29

February

1994

3.25

3.00

3.33

3.53

3.87

4.47

5.40

5.97

6.49

March

1994

3.34

3.00

3.59

3.92

4.32

5.00

5.94

6.48

6.91

April

1994

3.56

3.00

3.78

4.25

4.82

5.55

6.52

6.97

7.27

May

1994

4.01

3.24

4.27

4.79

5.31

5.97

6.78

7.18

7.41

June

1994

4.25

3.50

4.25

4.72

5.27

5.93

6.70

7.10

7.40

July

1994

4.26

3.50

4.46

4.95

5.48

6.13

6.91

7.30

7.58

August

1994

4.47

3.76

4.61

5.08

5.56

6.18

6.88

7.24

7.49

September

1994

4.73

4.00

4.75

5.24

5.76

6.39

7.08

7.46

7.71

October

1994

4.76

4.00

5.10

5.62

6.11

6.73

7.40

7.74

7.94

November

1994

5.29

4.40

5.45

5.98

6.54

7.15

7.72

7.96

8.08

December

1994

5.45

4.75

5.76

6.50

7.14

7.59

7.78

7.81

7.87