TUESDAY, MAY 5, 1992
7.56%
7.08%
6.60%
7.56%
6.60%
6.00%
5.52%
5.04%
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER AUGUST 15, 1990 AND BEFORE OCTOBER 24, 1990;
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER OCTOBER 24, 1990 AND BEFORE JANUARY 30, 1991;
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER JANUARY 30, 1991 AND BEFORE MAY 29, 1991;
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER MAY 29, 1991 AND BEFORE JULY 3, 1991;
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER JULY 3, 1991 AND BEFORE AUGUST 14, 1991;
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER AUGUST 14, 1991 AND BEFORE SEPTEMBER 18, 1991;
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER SEPTEMBER 18, 1991 AND BEFORE NOVEMBER 6, 1991; AND
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER NOVEMBER 6, 1991 AND BEFORE MAY 6, 1992.
BUT ALWAYS SUBJECT TO THE GENERAL RULE THAT INTEREST CEASES TO AFTER 36 COMPLETE MONTHS WITHOUT SURRENDER FOR PAYMENT OF TAX.
EXAMPLE:
ACCRUE
$1,000 CERTIFICATES PURCHASED ON MAY 6, 1992, JUNE 6,
1992, JUNE 6, 1992 AND JULY 6, 1992 RESPECTIVELY, SURRENDERED IN PAYMENT OF TAX DUE ON AUGUST 5, 1992 WILL HAVE INTEREST CALCULATED AS FOLLOWS:-
ON $1,000, MAY 6,
3 COMPLETE MONTHS
1992 TO AUGUST 5, 1992 AT $3.80 PER MONTH
= $11.40
ON $1,000, JUNE 6, 1992 TO AUGUST 5, 1992 2 COMPLETE MONTHS AT $3.80 PER MONTH
$7.60
ON $1,000, JULY 6, 1992 TO AUGUST 5, 1992 1 COMPLETE MONTH AT $3.80 PER MONTH
$3.80
$22.80
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