Applicable Federal Rates for February
Rev. Rul. 2007-9, 2007-6 IRB

The Applicable Federal Rates for Febuary 2007 are reproduced below.


Table I

Applicable Federal Rate (AFR)

Annual

Semi-annual

Quarterly

Monthly


February 2007
 

Period for Compounding

Short-Term

       

AFR

4.93%

4.87%

4.84%

4.82%

110% AFR

5.43%

5.36%

5.32%

5.30%

120% AFR

5.93%

5.84%

5.80%

5.77%

130% AFR

6.43%

6.33%

6.28%

6.25%

Mid-Term
       

AFR

4.69%

4.64%

4.61%

4.60%

110% AFR

5.17%

5.10%

5.07%

5.05%

120% AFR

5.65%

5.57%

5.53%

5.51%

130% AFR

6.12%

6.03%

5.99%

5.96%

150% AFR

7.08%

6.96%

6.90%

6.86%

175% AFR

8.28%

8.12%

8.04%

7.99%

Long-Term
       

AFR

4.86%

4.80%

4.77%

4.75%

110% AFR

5.35%

5.28%

5.25%

5.22%

120% AFR

5.84%

5.76%

5.72%

5.69%

130% AFR

6.34%

6.24%

6.19%

6.16%

 
Table II

Adjusted AFR for February 2007

 

Period for Compounding

 

Annual

Semi-annual

Quarterly

Monthly

Short-term adjusted AFR

3.46%

3.43%

3.42%

3.41%

Mid-term adjusted AFR

3.58%

3.55%

3.53%

3.52%

Long-term adjusted AFR

4.07%

4.03%

4.01%

4.00%

 
Table III

Rates Under Section 382 for February 2007

Adjusted federal long-term rate for the current month

4.07%

Long-term tax-exempt rate for ownership changes during the current month (the highest of the adjusted federal long-term rates for the current month and the prior two months).

4.14%

 
Table IV

Appropriate Percentages Under Section 42(b)(2) for February 2007

Appropriate Percentage for the 70% present value low-income housing credit

8.11%

Appropriate Percentage for the 30% present value low-income housing credit

3.48%

 
Table V

Rate Under Section 7520 for February 2007

Applicable federal rate for determining the present value of an annuity, an interest for life or a term of years, or a remainder or reversionary interest

5.6%