Updated monthly. Last update: 1-26-12
The following are indicative rates for prospective participants in VML-VACo Finance’s loan programs. The rates shown do not include applicable fees or costs of issuance. Contact VML-VACo Finance for the latest, all-inclusive rate quote.
This Month
Tax-Exempt Commercial Paper Rate
0.20%
Tax-Exempt 20-Year Bond Rate*
3.60%
Last Month
Tax-Exempt Commercial Paper Rate
0.25%
Tax-Exempt 20-Year Bond Rate*
3.92%
————– * 20-year bond rate is for a AA-rated, General Obligation pledge.
The following investment yields provide a comparison between short-term and long-term investment rates of return. The representative short-term rate shown is the current yield paid by the Local Government Investment Pool (LGIP), administered by the Virginia Department of the Treasury. The long-term rate is the expected rate of return for the VACo/VML Pooled OPEB Trust. Actual long-term returns will vary from quarter to quarter but are expected to achieve the rate shown over the long-term investment horizon according to Asset Consulting Group.
Short-term horizon:
Virginia LGIP 7-day yield
0.16%
Long-term horizon:
VACo/VML Pooled OPEB Trust
Expected Rate of Return
7.50%
