Announced Interest Rates

The AMF adopted a variable interest rates policy under which the Member Countries have an option to choose between two interest rate systems. The first is a floating rate based on the six-month SDR interest rate as determined on the first working day of each month, and is applied on all disbursements effected during that month, and continues until the due date of the interest installment after six months. The second is an active fixing rate calculated on the first working day of each month based on the swap rate of the SDR for the corresponding term of the loan. The relevant active fixing rate is applied to disbursements made during that month and remains un-changed throughout the term of the loan.

YearMonth6-Months3-Years4-Years5-Years7-Years
2018Feb1.76%2.16%2.27%2.37%2.51%
2018Jan1.72%2.01%2.09%2.16%2.29%
2017Dec1.65%1.92%2.01%2.08%2.22%
2017Nov1.58%1.86%1.95%2.03%2.19%
2017Oct1.54%1.81%1.90%1.99%2.15%
2017Sep1.51%1.69%1.77%1.85%2.01%
2017Aug1.50%1.73%1.83%1.92%2.10%
2017Jul1.53%1.79%1.89%1.99%2.16%
2017Jun1.53%1.71%1.81%1.89%2.08%
2017May1.54%1.77%1.87%1.97%2.14%
2017Apr1.55%1.77%1.87%1.96%2.14%
2017Mar1.54%1.80%1.90%2.00%2.19%
2017Feb1.47%1.76%1.88%2.00%2.21%
2017Jan1.41%1.73%1.85%1.95%2.15%
2016Dec1.37%1.61%1.73%1.85%2.05%
2016Nov1.33%1.36%1.43%1.50%1.67%
2016Oct1.31%1.24%1.28%1.33%1.46%
2016Sep1.08%0.99%1.03%1.08%1.20%
2016Aug1.02%0.92%0.96%1.01%1.14%
2016Jul0.94%0.86%0.91%0.98%1.13%
2016Jun0.99%1.09%1.17%1.25%1.41%
2016May0.95%0.99%1.07%1.15%1.35%
2016Apr0.96%1.02%1.10%1.19%1.39%
2016Mar0.96%0.97%1.06%1.15%1.35%
2016Feb0.97%1.06%1.18%1.30%1.53%
2016Jan0.98%1.33%1.47%1.59%1.82%
2015Dec0.90%1.20%1.35%1.48%1.73%
2015Nov0.86%1.21%1.37%1.52%1.78%
2015Oct0.86%1.15%1.31%1.46%1.73%
2015Sep0.87%1.26%1.44%1.61%1.89%
2015Aug0.85%1.31%1.49%1.65%1.92%
2015Jul0.83%1.36%1.57%1.76%2.08%
2015Jun0.82%1.27%1.45%1.60%1.85%
2015May0.81%1.32%1.51%1.67%1.94%
2015Apr0.81%1.21%1.36%1.48%1.68%
2015Mar0.80%1.29%1.46%1.59%1.80%
2015Feb0.79%1.16%1.29%1.40%1.59%
2015Jan0.81%1.30%1.46%1.59%1.79%
2014Dec0.64%1.07%1.26%1.42%1.69%
2014Nov0.64%1.13%1.34%1.51%1.81%
2014Oct0.65%1.20%1.42%1.60%1.90%
2014Sep0.67%1.18%1.40%1.58%1.88%
2014Aug0.69%1.22%1.46%1.66%2.01%
2014Jul0.69%1.15%1.40%1.62%2.00%
2014Jun0.71%1.11%1.37%1.60%2.00%
2014May0.73%1.19%1.47%1.72%2.12%
2014Apr0.72%1.20%1.50%1.77%2.21%
2014Mar0.71%1.09%1.37%1.65%2.11%
2014Feb0.71%1.09%1.39%1.67%2.15%
2014Jan0.72%1.16%1.50%1.82%2.35%
2013Dec0.69%1.00%1.31%1.63%2.17%
2013Nov0.69%1.02%1.31%1.60%2.10%
2013Oct0.69%1.11%1.41%1.71%2.20%
2013Sep0.71%1.26%1.60%1.91%2.41%
2013Aug0.70%1.06%1.35%1.65%2.15%
2013Jul0.72%1.13%1.42%1.70%2.17%
2013Jun0.69%0.96%1.17%1.39%1.81%
2013May0.70%0.79%0.93%1.10%1.47%
2013May0.95%0.99%1.07%1.15%1.35%
2013Apr0.72%0.87%1.02%1.22%1.61%
2013Mar0.72%0.85%1.01%1.20%1.61%
2013Feb0.75%1.00%1.17%1.37%1.76%
2013Jan0.75%0.88%1.04%1.24%1.64%
2012Dec0.77%0.82%0.96%1.13%1.49%
2012Nov0.79%0.86%1.01%1.19%1.57%
2012Oct0.88%0.85%0.98%1.15%1.53%
2012Sep0.95%0.87%1.00%1.17%1.54%
2012Aug1.01%0.92%1.04%1.21%1.57%
2012Jul1.14%1.09%1.22%1.39%1.72%
2012Jun1.17%1.14%1.23%1.36%1.62%
2012May1.19%1.20%1.37%1.56%1.94%
2012Apr1.22%1.30%1.49%1.70%2.10%
2012Mar1.30%1.26%1.44%1.63%2.03%
2012Feb1.36%1.19%1.35%1.54%1.93%
2012Jan1.43%1.39%1.54%1.73%2.09%
2011Dec1.45%1.48%1.69%1.91%2.30%
2011Nov1.43%1.41%1.60%1.81%2.19%
2011Oct1.38%1.42%1.61%1.81%2.16%
2011Sep1.36%1.44%1.67%1.92%2.37%
2011Aug1.37%1.69%1.95%2.22%2.70%
2011Jul1.34%2.01%2.33%2.63%3.09%
2011Jun1.31%1.94%2.24%2.52%2.97%
2011May1.32%2.10%2.42%2.70%3.13%
2011Apr1.27%2.35%2.69%2.97%3.39%
2011Mar1.20%2.16%2.51%2.81%3.27%
2011Feb1.17%2.09%2.44%2.76%3.24%
2011Jan1.13%1.84%2.19%2.52%3.03%
2010Dec1.11%1.66%1.95%2.24%2.73%
2010Nov1.12%1.48%1.71%1.96%2.41%
2010Oct1.11%1.50%1.72%1.95%2.35%
2010Sep1.10%1.45%1.69%1.91%2.30%
2010Aug1.17%1.62%1.89%2.16%2.62%
2010Jul1.17%1.71%1.98%2.24%2.66%
2010Jun1.15%1.84%2.15%2.42%2.86%
2010May1.06%1.91%2.26%2.57%3.03%
2010Apr0.99%2.06%2.45%2.77%3.26%
2010Mar0.98%1.97%2.36%2.67%3.17%
2010Feb0.99%2.11%2.48%2.79%3.26%
2010Jan1.04%2.35%2.72%3.01%3.45%
2009Dec1.06%2.04%2.38%2.66%3.09%
2009Nov1.09%2.26%2.61%2.89%3.29%
2009Oct1.12%2.23%2.58%2.84%3.23%
2009Sep1.20%2.28%2.64%2.91%3.31%
2009Aug1.32%2.45%2.82%3.10%3.50%
2009Jul1.50%2.44%2.81%3.10%3.49%
2009Jun1.63%2.32%2.73%3.04%3.49%
2009May1.77%2.31%2.73%3.04%3.49%
2009Apr1.94%2.14%2.41%2.62%2.95%
2009Mar2.10%2.33%2.59%2.80%3.12%
2009Feb2.17%2.38%2.63%2.81%3.11%
2009Jan2.53%2.57%2.76%2.90%3.13%
2008Dec3.32%2.85%3.02%3.15%3.35%
2008Nov3.98%3.53%3.77%3.95%4.22%
2008Oct4.81%4.25%4.35%4.42%4.50%
2008Sep4.30%4.32%4.39%4.45%4.55%
2008Aug4.34%4.51%4.59%4.65%4.75%
2008Jul4.39%4.78%4.83%4.85%4.90%
2008Jun4.18%4.49%4.55%4.60%4.71%
2008May4.13%4.17%4.25%4.32%4.46%
2008Apr3.98%3.78%3.90%4.01%4.20%
2008Mar3.91%3.58%3.73%3.87%4.12%
2008Feb3.93%3.70%3.82%3.94%4.17%
2008Jan4.66%4.11%4.18%4.26%4.41%
2007Dec4.96%4.30%4.34%4.40%4.52%
2007Nov4.89%4.70%4.75%4.79%4.87%
2007Oct5.07%4.74%4.78%4.83%4.92%
2007Sep5.29%4.86%4.88%4.91%4.97%
2007Aug4.96%5.02%5.06%5.10%5.16%
2007Jul4.98%5.19%5.23%5.26%5.31%
2007Jun4.94%5.13%5.14%5.15%5.18%
2007May4.86%4.84%4.84%4.86%4.90%
2007Apr4.79%4.74%4.75%4.76%4.81%
2007Mar4.75%4.69%4.69%4.70%4.75%
2007Feb4.77%4.86%4.86%4.88%4.91%
2007Jan4.70%4.69%4.69%4.70%4.73%
2006Dec5.01%4.87%4.87%4.88%4.91%
2006Nov5.01%4.95%4.96%4.98%5.03%
2006Oct4.96%4.94%4.96%4.99%5.05%
2006Sep4.92%4.96%4.98%5.02%5.09%
2006Aug4.88%5.10%5.15%5.20%5.29%
2006Jul4.86%5.25%5.31%5.36%5.44%
2006Jun4.73%5.11%5.17%5.23%5.33%
2006May4.61%5.06%5.14%5.20%5.31%
2006Apr4.56%4.98%5.04%5.09%5.16%
2006Mar4.41%4.73%4.77%4.81%4.87%
2006Feb4.31%4.62%4.67%4.72%4.80%
2006Jan4.22%4.45%4.50%4.54%4.63%
2005Dec4.11%4.41%4.48%4.54%4.64%
2005Nov3.95%4.37%4.45%4.52%4.65%
2005Oct3.97%4.16%4.23%4.30%4.44%
2005Sep3.90%4.08%4.16%4.24%4.40%
2005Aug3.89%4.28%4.38%4.47%4.63%
2005Jul3.79%4.02%4.12%4.21%4.39%
2005Jun3.74%3.97%4.08%4.18%4.37%
2005May3.69%4.16%4.28%4.39%4.59%
2005Apr3.72%4.36%4.49%4.60%4.80%
2005Mar3.65%4.29%4.43%4.56%4.78%
2005Feb3.53%4.08%4.22%4.34%4.56%
2005Jan3.49%4.12%4.27%4.41%4.66%
2004Dec3.41%4.02%4.22%4.39%4.70%
2004Nov3.29%3.92%4.14%4.33%4.66%
2004Oct3.26%4.05%4.27%4.45%4.76%
2004Sep3.16%3.97%4.23%4.44%4.78%
2004Aug3.17%4.23%4.50%4.73%5.07%
2004Jul3.14%4.28%4.57%4.80%5.15%
2004Jun3.00%4.26%4.56%4.80%5.17%
2004May2.85%4.04%4.37%4.63%5.02%
2004Apr2.70%3.54%3.84%4.10%4.51%
2004Mar2.73%3.63%3.95%4.21%4.61%
2004Feb2.76%3.78%4.10%4.35%4.73%
2004Jan2.76%3.90%4.24%4.50%4.88%
2003Dec2.80%4.07%4.39%4.64%4.99%
2003Nov2.76%3.93%4.27%4.53%4.92%
2003Oct2.64%3.48%3.82%4.11%4.53%
2003Sep2.68%3.98%4.36%4.64%5.03%
2003Aug2.66%3.78%4.14%4.44%4.85%
2003Jul2.60%3.15%3.45%3.71%4.14%
2003Jun2.69%3.12%3.40%3.65%4.05%
2003May2.76%3.41%3.73%4.00%4.40%
2003Apr2.74%3.39%3.71%3.98%4.39%
2016Apr0.96%1.02%1.10%1.19%1.39%
2016Mar0.96%0.97%1.06%1.15%1.35%
2016Feb0.97%1.06%1.18%1.30%1.53%
2016Jan0.98%1.33%1.47%1.59%1.82%
2015Dec0.90%1.20%1.35%1.48%1.73%
2015Nov0.86%1.21%1.37%1.52%1.78%
2015Oct0.86%1.15%1.31%1.46%1.73%
2015Sep0.87%1.26%1.44%1.61%1.89%
2015Aug0.85%1.31%1.49%1.65%1.92%
2015Jul0.83%1.36%1.57%1.76%2.08%
2015Jun0.82%1.27%1.45%1.60%1.85%
2015May0.81%1.32%1.51%1.67%1.94%
2015Apr0.81%1.21%1.36%1.48%1.68%
2015Mar0.80%1.29%1.46%1.59%1.80%
2015Feb0.79%1.16%1.29%1.40%1.59%
2015Jan0.81%1.30%1.46%1.59%1.79%
2014Dec0.64%1.07%1.26%1.42%1.69%
2014Nov0.64%1.13%1.34%1.51%1.81%
2014Oct0.65%1.20%1.42%1.60%1.90%
2014Sep0.67%1.18%1.40%1.58%1.88%
2014Aug0.69%1.22%1.46%1.66%2.01%
2014Jul0.69%1.15%1.40%1.62%2.00%
2014Jun0.71%1.11%1.37%1.60%2.00%
2014May0.73%1.19%1.47%1.72%2.12%
2014Apr0.72%1.20%1.50%1.77%2.21%
2014Mar0.71%1.09%1.37%1.65%2.11%
2014Feb0.71%1.09%1.39%1.67%2.15%
2014Jan0.72%1.16%1.50%1.82%2.35%
2013Dec0.69%1.00%1.31%1.63%2.17%
2013Nov0.69%1.02%1.31%1.60%2.10%
2013Oct0.69%1.11%1.41%1.71%2.20%
2013Sep0.71%1.26%1.60%1.91%2.41%
2013Aug0.70%1.06%1.35%1.65%2.15%
2013Jul0.72%1.13%1.42%1.70%2.17%
2013Jun0.69%0.96%1.17%1.39%1.81%
2013May0.70%0.79%0.93%1.10%1.47%
2013Apr0.72%0.87%1.02%1.22%1.61%
2013Mar0.72%0.85%1.01%1.20%1.61%
2013Feb0.75%1.00%1.17%1.37%1.76%
2013Jan0.75%0.88%1.04%1.24%1.64%
2012Dec0.77%0.82%0.96%1.13%1.49%
2012Nov0.79%0.86%1.01%1.19%1.57%
2012Oct0.88%0.85%0.98%1.15%1.53%
2012Sep0.95%0.87%1.00%1.17%1.54%
2012Aug1.01%0.92%1.04%1.21%1.57%
2012Jul1.14%1.09%1.22%1.39%1.72%
2012Jun1.17%1.14%1.23%1.36%1.62%
2012May1.19%1.20%1.37%1.56%1.94%
2012Apr1.22%1.30%1.49%1.70%2.10%
2012Mar1.30%1.26%1.44%1.63%2.03%
2012Feb1.36%1.19%1.35%1.54%1.93%
2012Jan1.43%1.39%1.54%1.73%2.09%
2011Dec1.45%1.48%1.69%1.91%2.30%
2011Nov1.43%1.41%1.60%1.81%2.19%
2011Oct1.38%1.42%1.61%1.81%2.16%
2011Sep1.36%1.44%1.67%1.92%2.37%
2011Aug1.37%1.69%1.95%2.22%2.70%
2011Jul1.34%2.01%2.33%2.63%3.09%
2011Jun1.31%1.94%2.24%2.52%2.97%
2011May1.32%2.10%2.42%2.70%3.13%
2011Apr1.27%2.35%2.69%2.97%3.39%
2011Mar1.20%2.16%2.51%2.81%3.27%
2011Feb1.17%2.09%2.44%2.76%3.24%
2011Jan1.13%1.84%2.19%2.52%3.03%
2010Dec1.11%1.66%1.95%2.24%2.73%
2010Nov1.12%1.48%1.71%1.96%2.41%
2010Oct1.11%1.50%1.72%1.95%2.35%
2010Sep1.10%1.45%1.69%1.91%2.30%
2010Aug1.17%1.62%1.89%2.16%2.62%
2010Jul1.17%1.71%1.98%2.24%2.66%
2010Jun1.15%1.84%2.15%2.42%2.86%
2010May1.06%1.91%2.26%2.57%3.03%
2010Apr0.99%2.06%2.45%2.77%3.26%
2010Mar0.98%1.97%2.36%2.67%3.17%
2010Feb0.99%2.11%2.48%2.79%3.26%
2010Jan1.04%2.35%2.72%3.01%3.45%
2009Dec1.06%2.04%2.38%2.66%3.09%
2009Nov1.09%2.26%2.61%2.89%3.29%
2009Oct1.12%2.23%2.58%2.84%3.23%
2009Sep1.20%2.28%2.64%2.91%3.31%
2009Aug1.32%2.45%2.82%3.10%3.50%
2009Jul1.50%2.44%2.81%3.10%3.49%
2009Jun1.63%2.32%2.73%3.04%3.49%
2009May1.77%2.31%2.73%3.04%3.49%
2009Apr1.94%2.14%2.41%2.62%2.95%
2009Mar2.10%2.33%2.59%2.80%3.12%
2009Feb2.17%2.38%2.63%2.81%3.11%
2009Jan2.53%2.57%2.76%2.90%3.13%
2008Dec3.32%2.85%3.02%3.15%3.35%
2008Nov3.98%3.53%3.77%3.95%4.22%
2008Oct4.81%4.25%4.35%4.42%4.50%
2008Sep4.30%4.32%4.39%4.45%4.55%
2008Aug4.34%4.51%4.59%4.65%4.75%
2008Jul4.39%4.78%4.83%4.85%4.90%
2008Jun4.18%4.49%4.55%4.60%4.71%
2008May4.13%4.17%4.25%4.32%4.46%
2008Apr3.98%3.78%3.90%4.01%4.20%
2008Mar3.91%3.58%3.73%3.87%4.12%
2008Feb3.93%3.70%3.82%3.94%4.17%
2008Jan4.66%4.11%4.18%4.26%4.41%
2007Dec4.96%4.30%4.34%4.40%4.52%
2007Nov4.89%4.70%4.75%4.79%4.87%
2007Oct5.07%4.74%4.78%4.83%4.92%
2007Sep5.29%4.86%4.88%4.91%4.97%
2007Aug4.96%5.02%5.06%5.10%5.16%
2007Jul4.98%5.19%5.23%5.26%5.31%
2007Jun4.94%5.13%5.14%5.15%5.18%
2007May4.86%4.84%4.84%4.86%4.90%
2007Apr4.79%4.74%4.75%4.76%4.81%
2007Mar4.75%4.69%4.69%4.70%4.75%
2007Feb4.77%4.86%4.86%4.88%4.91%
2007Jan4.70%4.69%4.69%4.70%4.73%
2006Dec5.01%4.87%4.87%4.88%4.91%
2006Nov5.01%4.95%4.96%4.98%5.03%
2006Oct4.96%4.94%4.96%4.99%5.05%
2006Sep4.92%4.96%4.98%5.02%5.09%
2006Aug4.88%5.10%5.15%5.20%5.29%
2006Jul4.86%5.25%5.31%5.36%5.44%
2006Jun4.73%5.11%5.17%5.23%5.33%
2006May4.61%5.06%5.14%5.20%5.31%
2006Apr4.56%4.98%5.04%5.09%5.16%
2006Mar4.41%4.73%4.77%4.81%4.87%
2006Feb4.31%4.62%4.67%4.72%4.80%
2006Jan4.22%4.45%4.50%4.54%4.63%
2005Dec4.11%4.41%4.48%4.54%4.64%
2005Nov3.95%4.37%4.45%4.52%4.65%
2005Oct3.97%4.16%4.23%4.30%4.44%
2005Sep3.90%4.08%4.16%4.24%4.40%
2005Aug3.89%4.28%4.38%4.47%4.63%
2005Jul3.79%4.02%4.12%4.21%4.39%
2005Jun3.74%3.97%4.08%4.18%4.37%
2005May3.69%4.16%4.28%4.39%4.59%
2005Apr3.72%4.36%4.49%4.60%4.80%
2005Mar3.65%4.29%4.43%4.56%4.78%
2005Feb3.53%4.08%4.22%4.34%4.56%
2005Jan3.49%4.12%4.27%4.41%4.66%
2004Dec3.41%4.02%4.22%4.39%4.70%
2004Nov3.29%3.92%4.14%4.33%4.66%
2004Oct3.26%4.05%4.27%4.45%4.76%
2004Sep3.16%3.97%4.23%4.44%4.78%
2004Aug3.17%4.23%4.50%4.73%5.07%
2004Jul3.14%4.28%4.57%4.80%5.15%
2004Jun3.00%4.26%4.56%4.80%5.17%
2004May2.85%4.04%4.37%4.63%5.02%
2004Apr2.70%3.54%3.84%4.10%4.51%
2004Mar2.73%3.63%3.95%4.21%4.61%
2004Feb2.76%3.78%4.10%4.35%4.73%
2004Jan2.76%3.90%4.24%4.50%4.88%
2003Dec2.80%4.07%4.39%4.64%4.99%
2003Nov2.76%3.93%4.27%4.53%4.92%
2003Oct2.64%3.48%3.82%4.11%4.53%
2003Sep2.68%3.98%4.36%4.64%5.03%
2003Aug2.66%3.78%4.14%4.44%4.85%
2003Jul2.60%3.15%3.45%3.71%4.14%
2003Jun2.69%3.12%3.40%3.65%4.05%
2003May2.76%3.41%3.73%4.00%4.40%
2003Apr2.74%3.39%3.71%3.98%4.39%
2013May0.95%0.99%1.07%1.15%1.35%
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