Get Weighted Average Interest Rate Update Notice 98 51 Notice 88 73 Provides Guidelines For Determining

The interest rate determined for fiscal year 2023 in ance with the above-quoted formula is 2.7141% which adjusted to the nearest 1/8 of 1% is 2-3/4%.

The spot first, second, and third segment rates for the month of September 2023 are, respectively, 5.58, 5.66, and 5.56.

The yield on the 10-year note ended December 8, 2023 at 4.23%, the 2-year note ended at 4.71%, and the 30-year at 4.31%.

Current Assumed Rates of Return Retirement SystemDefined Benefit Plans Administrated by the SystemCurrent Assumed Rate of ReturnCalifornia Public Employees Retirement SystemCalifornia Judges Retirement Fund I3.00%California Public Employees Retirement SystemCalifornia Judges Retirement Fund II6.00%39 more rows

The calculation for the three segment rates are based on yield averages over the previous month as follows: 1st segment rate: Yields on the top three tiers of investment grade corporate bonds maturing within 5 years. 2nd segment rate: Same as above but maturing in years 6 through 20.

Corporate Bond Rates Moody's Seasoned Aaa Corporate Bond Yield4.85%Moody's Seasoned Baa Corporate Bond Yield5.64%US Corporate A Effective Yield5.10%

(iii) Third segment rate The term “third segment rate” means, with respect to any month, the single rate of interest which shall be determined by the Secretary of the Treasury for such month on the basis of the corporate bond yield curve for such month, taking into account only that portion of such yield curve which is ...

The three segment rates are the averages of the yields over different blocks of maturity periods of the Treasury high quality corporate bond yield curves averaged over 24-months.