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WAPA-137 Rate Order
Current and Historical Interest Rates
The table lists interest rates, from the project's inception through the present, for all projects with repayment supervised by the CRSP MC. The latest available interest rate is used for all future interest rate calculations.
The Amistad-Falcon, Collbran, Provo River, and Rio Grande Projects are all assigned the average daily "Yield Rate" calculated by the U.S. Treasury, on an annual basis, for Treasury bonds having terms of 15 years or more remaining to maturity. The calculated yield rate is rounded to the nearest one-eighth of one percent. The yield rate is based upon the bond's interest rate, as well as its market value.
The Colorado River Storage Project and its participating projects Dolores and Seedskadee are assigned the average daily "Coupon Rate", annualized, for the same U.S. Treasury bonds used in "Yield Rate" calculations. The coupon rate is the interest rate that the bond carries upon its face.
The Treasury Yield Rate in 2013 was 2.75%, however the Reclamation Act of 1939 dictates a floor of 3.00%.