Cash Management Improvement Act (CMIA)

Interest Rates for State Fiscal Year 1999

FY 1999 Interest Rates

Other Fiscal Years



The annualized interest rate is different for State fiscal years that began on April 1, 1998, July 1, 1998; September 1, 1998; and October 1, 1998.

For States with a fiscal year that began on April 1, 1998 ;

The annualized interest rate is 4.76% (.0476)
The daily interest rate is .01304% (.0001304)

For States with a fiscal year that began on July 1, 1998 ;

The annualized interest rate is 4.63% (.0463)
> The daily interest rate is .01268% (.0001268)

For States with a fiscal year that began on September 1, 1998 ;

The annualized interest rate is 4.58% (.0458)
The daily interest rate is .01254% (.0001254)

For States with a fiscal year that began on October 1, 1998 ;

The annualized interest rate is 4.59% (.0459)
The daily interest rate is .01257% (.0001257)

The daily interest rate is calculated by dividing the annualized rate by 365 calendar days.



April 1, 1998 - March 31, 1999
Auction Date 13-Week Rate Auction Date 13-Week Rate
Apr 06 98 = 5.094 Oct 05 98 = 4.256
Apr 13 98 = 5.172 Oct 13 98 = 3.998
Apr 20 98 = 5.118 Oct 19 98 = 3.941
Apr 27 98 = 5.073 Oct 26 98 = 4.170
May 04 98 = 5.122 Nov 02 98 = 4.539
May 11 98 = 5.143 Nov 09 98 = 4.584
May 18 98 = 5.217 Nov 16 98 = 4.510
May 26 98 = 5.155 Nov 23 98 = 4.560
Jun 01 98 = 5.077 Nov 30 98 = 4.547
Jun 08 98 = 5.131 Dec 07 98 = 4.428
Jun 15 98 = 5.143 Dec 14 98 = 4.494
Jun 22 98 = 5.122 Dec 21 98 = 4.551
Jun 29 98 = 5.131 Dec 28 98 = 4.638
Jul 06 98 = 5.094 Jan 04 99 = 4.490
Jul 13 98 = 5.114 Jan 11 99 = 4.502
Jul 20 98 = 5.081 Jan 19 99 = 4.387
Jul 27 98 = 5.053 Jan 25 99 = 4.412
Aug 03 98 = 5.114 Feb 01 99 = 4.510
Aug 10 98 = 5.073 Feb 08 99 = 4.531
Aug 17 98 = 5.040 Feb 16 99 = 4.551
Aug 24 98 = 5.050 Feb 22 99 = 4.646
Aug 31 98 = 4.925 Mar 01 99 = 4.700
Sep 08 98 = 4.917 Mar 08 99 = 4.638
Sep 14 98 = 4.863 Mar 15 99 = 4.597
Sep 21 98 = 4.757 Mar 22 99 = 4.498
Sep 28 98 = 4.543 Mar 29 99 = 4.502



July 1, 1998 - June 30, 1999
Auction Date 13-Week Rate Auction Date 13-Week Rate
Jul 06 98 = 5.094 Jan 04 99 = 4.490
Jul 13 98 = 5.114 Jan 11 99 = 4.502
Jul 20 98 = 5.081 Jan 19 99 = 4.387
Jul 27 98 = 5.053 Jan 25 99 = 4.412
Aug 03 98 = 5.114 Feb 01 99 = 4.510
Aug 10 98 = 5.073 Feb 08 99 = 4.531
Aug 17 98 = 5.040 Feb 16 99 = 4.551
Aug 24 98 = 5.050 Feb 22 99 = 4.646
Aug 31 98 = 4.925 Mar 01 99 = 4.700
Sep 08 98 = 4.917 Mar 08 99 = 4.638
Sep 14 98 = 4.863 Mar 15 99 = 4.597
Sep 21 98 = 4.757 Mar 22 99 = 4.498
Sep 28 98 = 4.543 Mar 29 99 = 4.502
Oct 05 98 = 4.256 Apr 05 99 = 4.383
Oct 13 98 = 3.998 Apr 12 99 = 4.305
Oct 19 98 = 3.941 Apr 19 99 = 4.346
Oct 26 98 = 4.170 Apr 26 99 = 4.457
Nov 02 98 = 4.539 May 03 99 = 4.605
Nov 09 98 = 4.584 May 10 99 = 4.605
Nov 16 98 = 4.510 May 17 99 = 4.700
Nov 23 98 = 4.560 May 24 99 = 4.621
Nov 30 98 = 4.547 Jun 01 99 = 4.753
Dec 07 98 = 4.428 Jun 07 99 = 4.638
Dec 14 98 = 4.494 Jun 14 99 = 4.753
Dec 21 98 = 4.551 Jun 21 99 = 4.741
Dec 28 98 = 4.638 Jun 28 99 = 4.889



September 1, 1998 - August 31, 1999
Auction Date 13-Week Rate Auction Date 13-Week Rate
Sep 08 98 = 4.917 Mar 08 99 = 4.638
Sep 14 98 = 4.863 Mar 15 99 = 4.597
Sep 21 98 = 4.757 Mar 22 99 = 4.498
Sep 28 98 = 4.543 Mar 29 99 = 4.502
Oct 05 98 = 4.256 Apr 05 99 = 4.383
Oct 13 98 = 3.998 Apr 12 99 = 4.305
Oct 19 98 = 3.941 Apr 19 99 = 4.346
Oct 26 98 = 4.170 Apr 26 99 = 4.457
Nov 02 98 = 4.539 May 03 99 = 4.605
Nov 09 98 = 4.584 May 10 99 = 4.605
Nov 16 98 = 4.510 May 17 99 = 4.700
Nov 23 98 = 4.560 May 24 99 = 4.621
Nov 30 98 = 4.547 Jun 01 99 = 4.753
Dec 07 98 = 4.428 Jun 07 99 = 4.638
Dec 14 98 = 4.494 Jun 14 99 = 4.753
Dec 21 98 = 4.551 Jun 21 99 = 4.741
Dec 28 98 = 4.638 Jun 28 99 = 4.889
Jan 04 99 = 4.490 Jul 06 99 = 4.720
Jan 11 99 = 4.502 Jul 12 99 = 4.733
Jan 19 99 = 4.387 Jul 19 99 = 4.650
Jan 25 99 = 4.412 Jul 26 99 = 4.663
Feb 01 99 = 4.510 Aug 02 99 = 4.831
Feb 08 99 = 4.531 Aug 09 99 = 4.930
Feb 16 99 = 4.551 Aug 16 99 = 4.815
Feb 22 99 = 4.646 Aug 23 99 = 4.991
Mar 01 99 = 4.700 Aug 30 99 = 5.017



October 1, 1998 - September 30, 1999
Auction Date 13-Week Rate Auction Date 13-Week Rate
Oct 05 98 = 4.256 Apr 05 99 = 4.383
Oct 13 98 = 3.998 Apr 12 99 = 4.305
Oct 19 98 = 3.941 Apr 19 99 = 4.346
Oct 26 98 = 4.170 Apr 26 99 = 4.457
Nov 02 98 = 4.539 May 03 99 = 4.605
Nov 09 98 = 4.584 May 10 99 = 4.605
Nov 16 98 = 4.510 May 17 99 = 4.700
Nov 23 98 = 4.560 May 24 99 = 4.621
Nov 30 98 = 4.547 Jun 01 99 = 4.753
Dec 07 98 = 4.428 Jun 06 99 = 4.638
Dec 14 98 = 4.494 Jun 14 99 = 4.753
Dec 21 98 = 4.551 Jun 21 99 = 4.741
Dec 28 98 = 4.638 Jun 28 99 = 4.889
Jan 04 99 = 4.490 Jul 07 99 = 4.720
Jan 11 99 = 4.502 Jul 12 99 = 4.733
Jan 19 99 = 4.387 Jul 19 99 = 4.650
Jan 25 99 = 4.412 Jul 26 99 = 4.663
Feb 01 99 = 4.510 Aug 02 99 = 4.831
Feb 08 99 = 4.531 Aug 09 99 = 4.930
Feb 16 99 = 4.551 Aug 16 99 = 4.815
Feb 22 99 = 4.646 Aug 23 99 = 4.991
Mar 01 99 = 4.700 Aug 30 99 = 5.017
Mar 08 99 = 4.638 Sep 07 99 = 4.856
Mar 15 99 = 4.597 Sep 13 99 = 4.794
Mar 22 99 = 4.498 Sep 20 99 = 4.794
Mar 29 99 = 4.502 Sep 27 99 = 4.856


   Last Updated:  March 14, 2014