Federal Student Loan Programs Data Book

Federal Student Loan Programs Data Book - FY 1997-FY 2000
Part III Dollars Outstanding and Guaranty Agency Characteristics	CONTENTS < BACK NEXT >

Table 42.
Weekly average 91-day Treasury Bill (bond equivalent) rates, by quarter: FY 1986-FY 2000

This table lists the quarterly 91-day Treasury Bill rates for FY86-FY00.

From FY 1986 to FY 2000, rates for the 91-day Treasury Bills began at 7.4 percent, fluctuated over time, and dropped to their lowest value (3.1 percent) in the fourth quarter of FY 1992. Over the next five quarters, the average rate was either 3.1 or 3.2 percent.

Treasury Bill rates began inching up again beginning in the third quarter of FY 1994, rising to 6.0 percent in the second quarter of FY 1995.

From FY 1996 through the first three quarters of FY 2000, rates varied between approximately 4.4 and 5.9 percent. In the fourth quarter of FY 2000, the average Treasury Bill rates increased to 6.2 percent.

To view the following table in an accessible format please go to http://www.ed.gov/finaid/prof/resources/data/fslpdata97-01/table42.xls.
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Fiscal year	Quarter ending December 31	Quarter ending March 31	Quarter ending June 30	Quarter ending September 31
Table 42. - Weekly average 91-day Treasury Bill (bond equivalent) rates, by quarter: FY 1986-FY 2000
1986	7.4	7.1	6.3	5.7
1987	5.5	5.7	5.9	6.3
1988	6.2	5.9	6.4	7.2
1989	8.0	8.9	8.7	8.1
1990	7.9	8.0	8.0	7.7
1991	7.2	6.2	5.8	5.6
1992	4.7	4.0	3.8	3.1
1993	3.2	3.1	3.1	3.1
1994	3.1	3.3	4.2	4.6
1995	5.5	6.0	5.8	5.5
1996	5.4	5.1	5.2	5.3
1997	5.1	5.2	5.2	5.2
1998	5.2	5.2	5.1	5.0
1999	4.4	4.5	4.6	4.8
2000	5.2	5.7	5.9	6.2
NOTES: Special allowance rates to lenders participating in the Federal Family Education Loan (FFEL) program are based on the average weekly 91-day Treasury Bill (bond equivalent) rate for each quarter of the fiscal year. Data for earlier years appear in table A-42 in appendix I. SOURCE: U.S. Department of Treasury.

Part III Dollars Outstanding and Guaranty Agency Characteristics	CONTENTS < BACK NEXT >
Federal Student Loan Programs Data Book - FY 1997-FY 2000