Updated monthly. Last update: October 2017
The following interest rates are indicative of short-term floating and long-term fixed rates applicable to local government tax-exempt financing. The Commercial Paper rate is reset approximately every 30 days. The Bond Buyer Index represents a 20-year fixed rate. VML/VACo Finance provides floating rate financing through its Commercial Paper program and fixed-rate financing through the Fixed Rate Loan Program. VML/VACo Finance also offers Equipment Leasing. The rates shown do not include applicable fees or costs of issuance.