The Applicable
Federal Rates (AFRs) for the month of May are as follows:
|
Annual
|
Semiannual
|
Quarterly
|
Monthly
|
|
|
Short-term (≤3 years)
|
0.20%
|
0.20%
|
0.20%
|
0.20%
|
|
Mid-term (>3 years but ≤9 years)
|
1.00%
|
1.00%
|
1.00%
|
1.00%
|
|
Long-term (>9 years)
|
2.60%
|
2.58%
|
2.57%
|
2.57%
|
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