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PROJECT ASSISTANCE Loan Interest Rates

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Weighted Average Interest Rate for Clean Water SRF Assistance, by State¹ (Percent) Fiscal Year Ending June 30 1995 1996 1997 3.1% 6.3 3.7 4.5 3.5 3.0 3.9 2.0 1.2 3.2 4.0 2.1 4.5 2.8 2.6 4.0 3.6 2.2 2.5 3.0 3.8 0.0 2.3 4.2 4.5 3.0% 5.8 3.9 3.9 3.2 3.7 2.5 3.9 2.0 1.5 2.8 4.0 2.6 4.5 2.8 2.8 4.2 3.1 1.6 2.5 3.0 4.1 0.0 2.3 2.6 4.5 2.9% 5.7 4.0 3.9 3.5 4.4 1.3 3.7 2.0 1.6 2.8 4.0 3.0 4.5 2.7 3.1 4.4 3.1 2.5 2.6 3.0 3.9 0.0 2.3 3.0 4.5 State National SRF Average Market Rate² Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi 1988 0.6% 7.9 0.0 2.0 0.0 - 1989 3.7% 7.5 0.0 2.0 4.1 2.0 2.5 2.0 2.0 4.6 - 1990 4.1% 7.2 5.5 4.7 0.0 3.4 3.4 2.0 4.1 2.0 3.6 5.0 4.0 3.0 5.0 5.1 4.8 2.0 5.2 3.0 1991 3.6% 7.2 5.0 4.7 3.9 3.5 3.9 2.0 4.1 4.0 2.5 4.0 3.4 4.9 4.1 2.5 4.8 4.8 4.5 0.0 2.0 5.8 3.0 1992 3.8% 6.7 4.1 4.4 3.9 3.9 3.1 4.3 2.0 0.0 3.6 4.0 2.5 4.0 3.2 1.4 4.7 3.8 2.6 3.6 3.0 4.4 2.0 4.6 4.0 1993 3.2% 6.0 3.5 4.5 3.4 3.9 3.0 3.3 2.0 0.0 3.0 4.0 2.8 4.0 3.1 3.3 4.5 3.5 1.8 2.5 4.2 3.3 0.0 2.0 2.9 4.5 1994 2.9% 5.6 5.0 4.1 3.8 2.8 4.4 2.0 1.3 2.6 4.0 2.1 4.0 3.0 2.5 4.3 3.2 1.4 2.5 3.0 0.0 2.0 3.7 4.5 1998 2.7% 5.2 3.5 3.9 2.9 3.8 1.6 3.2 2.0 1.7 1.5 3.9 2.7 4.5 2.9 3.3 4.3 2.8 2.3 3.4 3.0 3.1 0.0 2.3 2.9 4.5 1999 2.5% 5.1 3.5 3.5 3.5 3.9 1.7 3.7 2.0 1.5 1.5 3.5 2.4 4.2 2.6 3.3 4.2 2.8 2.6 3.5 2.6 2.4 0.0 2.3 2.7 3.5 2000 2.6% 5.8 4.1 3.9 3.4 3.9 1.9 3.6 2.0 1.4 1.6 3.0 2.3 4.0 2.5 3.3 4.3 3.2 2.6 3.5 3.0 2.5 0.0 2.3 2.6 3.0 2001 2.3% 5.3 3.9 2.0 3.8 3.9 1.0 3.2 2.0 1.0 1.6 3.0 2.5 4.0 2.9 3.3 4.3 3.0 2.1 3.5 3.0 2.2 0.0 2.3 3.1 3.0 2002 2.5% 5.1 3.7 2.0 3.9 3.8 1.8 2.9 2.0 1.7 1.5 3.0 2.3 3.8 2.7 3.4 4.1 2.8 1.1 3.6 2.6 1.9 0.0 2.3 2.9 2.0 2003 2.2% 4.8 3.4 2.0 3.6 3.8 2.0 2.6 2.0 1.1 1.5 3.0 2.6 3.0 2.6 3.6 4.0 2.7 1.1 3.5 2.0 1.0 0.0 2.2 2.6 1.8 2004 2.2% 4.8 3.1 2.0 3.1 3.8 1.8 3.0 2.0 1.1 1.3 3.0 3.5 2.5 3.3 3.9 2.6 1.1 3.5 2.0 0.8 0.0 2.2 2.4 1.8 2005 2.3% 4.9 3.1 1.8 3.1 3.8 1.8 2.6 2.0 1.1 1.3 3.0 2.4 3.3 3.0 3.7 3.8 2.4 2.2 3.5 1.5 0.6 0.0 2.2 2.0 2.2 2006 2.1% 4.5 3.2 1.5 3.0 3.5 1.8 2.7 2.0 1.1 1.2 3.0 0.5 3.0 2.5 3.0 3.6 2.4 1.1 3.5 1.6 0.6 1.7 1.6 2.1 2.5 2007 2.1% 4.3 3.5 1.5 3.0 3.5 1.8 2.5 2.0 1.1 1.2 3.0 0.5 3.9 2.5 3.4 3.4 2.3 1.6 3.7 1.7 0.5 1.9 1.6 1.7 2.8 ¹ Based on dollar amount of SRF assistance provided to projects. ² Market rate based on Bond Buyer index for 20-year general obligation (GO) bonds with a rating equivalent to Moody's Aa and Standard and Poor's AA-minus. Data is the average of the reported weekly Bond Buyer 20-bond GO index for each fiscal year ending June 30. Note: A dash (-) indicates that no new loan or other assistance agreements were entered into during the fiscal year. 10/26/2007 Page 1 of 2 ratest Weighted Average Interest Rate for Clean Water SRF Assistance, by State¹ (Percent) Fiscal Year Ending June 30 State Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Puerto Rico Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming 1988 2.0 1989 3.7 4.0 3.5 5.1 1.8 2.6 1990 3.5 5.0 5.1 4.0 4.5 4.3 2.7 4.7 2.3 3.1 5.2 0.9 4.1 4.8 1991 3.3 4.3 4.0 5.9 3.5 5.0 4.7 3.7 3.0 4.2 4.3 1.3 1.9 4.5 2.6 4.3 5.1 2.9 0.0 1.0 4.5 2.6 0.0 1992 3.3 2.3 4.5 4.0 5.2 3.4 5.0 4.6 3.5 4.9 4.3 2.6 1.5 2.0 2.8 4.3 2.8 3.8 5.4 0.0 0.0 3.5 4.9 3.0 3.5 1993 2.6 4.4 4.0 4.9 3.1 5.0 3.2 3.4 2.5 4.6 2.5 2.3 1.8 3.0 4.3 2.7 3.9 4.6 3.7 0.0 3.9 3.6 2.6 3.8 0.0 1994 1.8 2.3 4.4 4.0 4.2 2.4 5.0 3.8 3.0 2.5 3.5 3.0 3.9 1.5 2.0 2.8 4.3 3.0 3.8 4.5 0.6 0.0 3.7 3.1 0.8 3.2 0.0 1995 1.8 2.3 4.1 3.8 5.1 3.2 3.5 3.0 2.5 4.3 4.1 4.2 2.2 2.0 3.0 4.0 3.3 3.9 5.0 1.2 0.0 3.2 3.9 0.8 2.9 0.0 1996 2.2 2.3 0.2 3.7 4.6 2.9 5.0 3.1 3.0 2.5 4.0 3.3 4.0 2.5 2.0 3.0 4.3 3.8 4.0 4.5 1.6 0.0 1.5 3.8 0.8 3.4 4.0 1997 1.5 2.3 4.0 3.5 3.0 2.8 2.4 3.0 2.5 3.9 3.2 3.8 2.5 2.0 3.0 4.5 3.5 3.8 4.6 0.0 0.0 3.9 2.8 0.9 3.3 4.0 1998 1.5 2.3 3.9 3.3 3.2 2.8 4.0 2.6 2.9 2.5 3.7 2.5 3.6 2.5 2.0 3.0 4.3 4.1 3.4 3.9 0.0 0.0 2.6 3.2 0.6 2.7 1999 1.5 2.3 3.0 3.4 2.8 2.7 3.8 2.8 2.6 2.5 3.5 2.9 3.5 2.5 3.1 3.9 4.0 3.6 3.5 0.0 0.0 3.1 4.1 0.3 2.3 0.1 2000 2.0 2.3 2.7 3.7 3.4 2.5 4.0 2.4 2.9 2.5 4.0 2.6 3.8 2.5 2.0 2.4 3.5 3.8 3.2 4.1 0.0 0.0 3.5 0.6 0.4 2.8 1.1 2001 1.5 2.3 2.1 3.2 3.4 2.6 3.0 2.5 2.6 2.5 2.9 2.6 3.7 2.5 2.9 3.6 3.5 2.7 3.6 0.8 0.0 3.9 1.2 0.7 2.9 0.8 2002 1.6 2.3 3.5 3.2 3.4 2.6 3.0 2.4 2.6 2.5 4.0 4.0 3.6 2.2 2.0 2.9 3.9 2.5 2.9 3.5 1.7 0.0 3.2 0.5 0.2 2.7 4.0 2003 1.4 2.0 3.6 3.1 3.4 2.5 2.0 2.2 2.6 2.5 3.7 0.9 3.2 2.0 2.0 1.6 3.8 2.5 2.9 2.8 0.0 0.0 3.0 1.0 0.0 2.8 0.9 2004 2.0 2.0 3.5 3.7 3.3 2.3 2.0 2.2 2.6 2.5 3.2 2.2 2.5 1.7 2.0 1.9 3.2 2.5 2.5 2.8 0.0 0.0 3.0 1.4 0.0 1.7 2.1 2005 1.6 2.0 3.4 3.0 3.1 2.4 2.3 2.6 2.5 2.9 2.1 2.5 1.7 2.0 1.5 3.0 1.5 2.2 3.1 2.6 0.0 1.0 1.3 0.9 2.4 1.9 2006 1.5 2.0 3.3 2.8 3.0 2.6 2.3 2.2 2.3 2.5 2.2 2.5 2.8 1.7 2.0 1.9 3.3 1.7 1.5 2.8 0.7 0.0 2.4 0.9 0.6 2.4 2.5 2007 1.4 2.0 3.4 2.9 3.3 2.0 1.0 2.1 2.2 2.5 2.5 2.3 2.5 1.7 2.0 1.8 3.1 2.4 2.3 2.8 2.9 0.0 2.4 1.2 0.7 2.4 1.2 ¹ Based on dollar amount of SRF assistance provided to projects. ² Market rate based on Bond Buyer index for 20-year general obligation (GO) bonds with a rating equivalent to Moody's Aa and Standard and Poor's AA-minus. Data is the average of the reported weekly Bond Buyer 20-bond GO index for each fiscal year ending June 30. Note: A dash (-) indicates that no new loan or other assistance agreements were entered into during the fiscal year. 10/26/2007 Page 2 of 2 ratest

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