Board of Governors of the Federal Reserve System

H15 feed on 7/21/2009

H15 feed on 7/21/2009

This is a test announcement

In accordance with its announcement of May 5, 2004, the Treasury commenced publishing a 20-year constant maturity inflation-indexed interest rate effective July 27, 2004. It appears on the daily H.15 effective with the issue of July 28, 2004, and on the weekly H.15 effective with the issue of August 2, 2004.

In accordance with its announcement of May 5, 2004, the Treasury has ceased publication of its long-term average nominal yield, effective June 1, 2004. The Treasury commenced publishing this rate on February 19, 2002, coinciding with the discontinuance of its 30-year constant maturity rate. At that time, the Treasury began to publish an "extrapolation factor," to allow users to calculate a proxy for the 30-year constant maturity rate. An extrapolation factor will continue to be published, but, as of June 1, it will be based on an extrapolation from the 20-year yield curve point. The extrapolation factor is available at the Treasury website, www.treas.gov/offices/domestic-finance/debt-management/interest-rate/index.html, as reported in footnote 11 of the release.