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 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.



DateFloating Rate3-Years4-Years5-Years7-Years
2025-01-204.14%3.98%4.00%4.01%4.05%
2025-01-134.10%3.95%3.97%3.99%4.03%
2025-01-064.06%3.88%3.88%3.89%3.93%
2025-01-024.06%3.87%3.87%3.88%3.92%
2024-12-014.24%3.70%3.67%3.66%3.67%
2024-11-014.34%3.80%3.79%3.79%3.81%
2024-10-014.43%3.44%3.42%3.42%3.46%
2024-09-014.69%3.64%3.59%3.57%3.59%
2024-08-014.84%3.88%3.79%3.75%3.74%
2024-07-014.92%4.33%4.23%4.18%4.15%
2024-06-014.96%4.39%4.28%4.21%4.16%
2024-05-015.01%4.46%4.35%4.29%4.24%
2024-04-015.00%4.24%4.14%4.08%4.05%
2024-03-015.00%4.21%4.11%4.05%4.01%
2024-02-014.97%3.88%3.79%3.75%3.74%
2024-01-014.97%3.92%3.83%3.79%3.79%
2023-12-015.08%4.22%4.13%4.10%4.09%
2023-11-015.10%4.57%4.51%4.49%4.52%
2023-10-015.05%4.70%4.60%4.56%4.54%
2023-09-014.98%4.49%4.36%4.29%4.21%
2023-08-014.93%4.52%4.36%4.28%4.17%
2023-07-014.89%4.62%4.42%4.28%4.12%
2023-06-014.73%4.16%4.02%3.95%3.90%
2023-05-014.60%4.04%3.93%3.87%3.83%
2023-04-014.36%4.07%3.95%3.88%3.81%
2023-03-014.34%4.62%4.46%4.35%4.24%
2023-02-014.13%4.06%3.92%3.86%3.80%
2023-01-013.90%4.14%4.02%3.95%3.89%
2022-12-013.66%3.98%3.85%3.78%3.71%
2022-11-013.38%4.24%4.17%4.13%4.09%
2022-10-012.97%4.10%4.06%4.03%3.99%
2022-09-012.47%3.58%3.53%3.51%3.50%
2022-08-012.29%2.83%2.79%2.79%2.83%
2022-07-011.79%3.00%3.04%3.09%3.17%
2022-06-011.53%2.92%2.96%2.99%3.05%
2022-05-011.41%2.95%3.00%3.04%3.11%
2022-04-011.21%2.64%2.66%2.65%2.64%
2022-03-011.12%1.90%1.96%2.00%2.08%
2022-02-010.99%1.84%1.91%1.96%2.03%
2022-01-010.95%1.62%1.72%1.79%1.88%
2021-12-010.85%1.42%1.52%1.59%1.69%
2021-11-010.84%1.43%1.54%1.62%1.74%
2021-10-010.78%1.15%1.28%1.40%1.57%
2021-09-010.76%1.04%1.15%1.25%1.41%
2021-08-010.77%0.99%1.10%1.18%1.34%
2021-07-010.79%1.10%1.24%1.36%1.54%
2021-06-010.80%1.02%1.17%1.31%1.55%
2021-05-010.82%1.03%1.17%1.30%1.53%
2021-04-010.83%1.05%1.21%1.36%1.60%
2021-03-010.83%1.02%1.15%1.28%1.50%
2021-02-010.82%0.91%0.99%1.07%1.25%
2021-01-010.83%0.88%0.94%1.00%1.14%
2020-12-010.88%0.93%0.98%1.05%1.18%
2020-11-010.86%0.89%0.94%1.00%1.13%
2020-10-010.86%0.90%0.94%0.99%1.10%
2020-09-010.87%0.91%0.95%1.00%1.12%
2020-08-010.88%0.86%0.89%0.92%1.02%
2020-07-010.91%0.87%0.91%0.96%1.07%
2020-06-010.94%0.86%0.90%0.94%1.05%
2020-05-011.07%0.86%0.89%0.94%1.05%
2020-04-011.32%0.97%1.00%1.03%1.12%
2020-03-011.28%1.13%1.16%1.20%1.26%
2020-02-011.58%1.43%1.44%1.47%1.53%
2020-01-011.66%1.58%1.61%1.64%1.72%
2019-12-011.68%1.60%1.62%1.66%1.73%
2019-11-011.65%1.54%1.56%1.58%1.65%
2019-10-011.65%1.39%1.40%1.41%1.47%
2019-09-011.64%1.35%1.35%1.41%1.41%
2019-08-011.77%1.61%1.62%1.65%1.73%
2019-07-011.77%1.62%1.66%1.70%1.81%
2019-06-011.92%1.74%1.77%1.82%1.92%
2019-05-011.99%1.98%2.02%2.06%2.17%
2019-04-012.01%1.98%2.01%2.06%2.16%
2019-03-012.02%2.12%2.17%2.22%2.34%
2019-02-012.08%2.09%2.13%2.18%2.29%
2019-01-012.13%2.08%2.13%2.18%2.31%
2018-12-012.05%2.23%2.29%2.35%2.46%
2018-11-012.01%2.31%2.38%2.45%2.57%
2018-10-011.91%2.29%2.37%2.44%2.56%
2018-09-011.87%2.18%2.25%2.31%2.43%
2018-08-011.88%2.22%2.30%2.37%2.49%
2018-07-011.96%2.20%2.27%2.32%2.43%
2018-06-011.96%2.24%2.32%2.38%2.50%
2018-05-011.95%2.27%2.36%2.44%2.56%
2018-04-011.95%2.18%2.26%2.33%2.45%
2018-03-011.87%2.22%2.32%2.40%2.54%
2018-02-011.76%2.16%2.27%2.37%2.51%
2018-01-011.72%2.01%2.09%2.16%2.29%
2017-12-011.65%1.92%2.01%2.08%2.22%
2017-11-011.58%1.86%1.95%2.03%2.19%
2017-10-011.54%1.81%1.90%1.99%2.15%
2017-09-011.51%1.69%1.77%1.85%2.01%
2017-08-011.50%1.73%1.83%1.92%2.10%
2017-07-011.53%1.79%1.89%1.99%2.16%
2017-06-011.53%1.71%1.81%1.89%2.08%
2017-05-011.54%1.77%1.87%1.97%2.14%
2017-04-011.55%1.77%1.87%1.96%2.14%
2017-03-011.54%1.80%1.90%2.00%2.19%
2017-02-011.47%1.76%1.88%2.00%2.21%
2017-01-011.41%1.73%1.85%1.95%2.15%
2016-12-011.37%1.61%1.73%1.85%2.05%
2016-11-011.33%1.36%1.43%1.50%1.67%
2016-10-011.31%1.24%1.28%1.33%1.46%
2016-09-011.08%0.99%1.03%1.08%1.20%
2016-08-011.02%0.92%0.96%1.01%1.14%
2016-07-010.94%0.86%0.91%0.98%1.13%
2016-06-010.99%1.09%1.17%1.25%1.41%
2016-05-010.95%0.99%1.07%1.15%1.35%
2016-04-010.96%1.02%1.10%1.19%1.39%
2016-03-010.96%0.97%1.06%1.15%1.35%
2016-02-010.97%1.06%1.18%1.30%1.53%
2016-01-010.98%1.33%1.47%1.59%1.82%
2015-12-010.90%1.20%1.35%1.48%1.73%
2015-11-010.86%1.21%1.37%1.52%1.78%
2015-10-010.86%1.15%1.31%1.46%1.73%
2015-09-010.87%1.26%1.44%1.61%1.89%
2015-08-010.85%1.31%1.49%1.65%1.92%
2015-07-010.83%1.36%1.57%1.76%2.08%
2015-06-010.82%1.27%1.45%1.60%1.85%
2015-05-010.81%1.32%1.51%1.67%1.94%
2015-04-010.81%1.21%1.36%1.48%1.68%
2015-03-010.80%1.29%1.46%1.59%1.80%
2015-02-010.79%1.16%1.29%1.40%1.59%
2015-01-010.81%1.30%1.46%1.59%1.79%
2014-12-010.64%1.07%1.26%1.42%1.69%
2014-11-010.64%1.13%1.34%1.51%1.81%
2014-10-010.65%1.20%1.42%1.60%1.90%
2014-09-010.67%1.18%1.40%1.58%1.88%
2014-08-010.69%1.22%1.46%1.66%2.01%
2014-07-010.69%1.15%1.40%1.62%2.00%
2014-06-010.71%1.11%1.37%1.60%2.00%
2014-05-010.73%1.19%1.47%1.72%2.12%
2014-04-010.72%1.20%1.50%1.77%2.21%
2014-03-010.71%1.09%1.37%1.65%2.11%
2014-02-010.71%1.09%1.39%1.67%2.15%
2014-01-010.72%1.16%1.50%1.82%2.35%
2013-12-010.69%1.00%1.31%1.63%2.17%
2013-11-010.69%1.02%1.31%1.60%2.10%
2013-10-010.69%1.11%1.41%1.71%2.20%
2013-09-010.71%1.26%1.60%1.91%2.41%
2013-08-010.70%1.06%1.35%1.65%2.15%
2013-07-010.72%1.13%1.42%1.70%2.17%
2013-06-010.69%0.96%1.17%1.39%1.81%
2013-05-010.70%0.79%0.93%1.10%1.47%
2013-05-010.95%0.99%1.07%1.15%1.35%
2013-04-010.72%0.87%1.02%1.22%1.61%
2013-03-010.72%0.85%1.01%1.20%1.61%
2013-02-010.75%1.00%1.17%1.37%1.76%
2013-01-010.75%0.88%1.04%1.24%1.64%
2012-12-010.77%0.82%0.96%1.13%1.49%
2012-11-010.79%0.86%1.01%1.19%1.57%
2012-10-010.88%0.85%0.98%1.15%1.53%
2012-09-010.95%0.87%1.00%1.17%1.54%
2012-08-011.01%0.92%1.04%1.21%1.57%
2012-07-011.14%1.09%1.22%1.39%1.72%
2012-06-011.17%1.14%1.23%1.36%1.62%
2012-05-011.19%1.20%1.37%1.56%1.94%
2012-04-011.22%1.30%1.49%1.70%2.10%
2012-03-011.30%1.26%1.44%1.63%2.03%
2012-02-011.36%1.19%1.35%1.54%1.93%
2012-01-011.43%1.39%1.54%1.73%2.09%
2011-12-011.45%1.48%1.69%1.91%2.30%
2011-11-011.43%1.41%1.60%1.81%2.19%
2011-10-011.38%1.42%1.61%1.81%2.16%
2011-09-011.36%1.44%1.67%1.92%2.37%
2011-08-011.37%1.69%1.95%2.22%2.70%
2011-07-011.34%2.01%2.33%2.63%3.09%
2011-06-011.31%1.94%2.24%2.52%2.97%
2011-05-011.32%2.10%2.42%2.70%3.13%
2011-04-011.27%2.35%2.69%2.97%3.39%
2011-03-011.20%2.16%2.51%2.81%3.27%
2011-02-011.17%2.09%2.44%2.76%3.24%
2011-01-011.13%1.84%2.19%2.52%3.03%
2010-12-011.11%1.66%1.95%2.24%2.73%
2010-11-011.12%1.48%1.71%1.96%2.41%
2010-10-011.11%1.50%1.72%1.95%2.35%
2010-09-011.10%1.45%1.69%1.91%2.30%
2010-08-011.17%1.62%1.89%2.16%2.62%
2010-07-011.17%1.71%1.98%2.24%2.66%
2010-06-011.15%1.84%2.15%2.42%2.86%
2010-05-011.06%1.91%2.26%2.57%3.03%
2010-04-010.99%2.06%2.45%2.77%3.26%
2010-03-010.98%1.97%2.36%2.67%3.17%
2010-02-010.99%2.11%2.48%2.79%3.26%
2010-01-011.04%2.35%2.72%3.01%3.45%
2009-12-011.06%2.04%2.38%2.66%3.09%
2009-11-011.09%2.26%2.61%2.89%3.29%
2009-10-011.12%2.23%2.58%2.84%3.23%
2009-09-011.20%2.28%2.64%2.91%3.31%
2009-08-011.32%2.45%2.82%3.10%3.50%
2009-07-011.50%2.44%2.81%3.10%3.49%
2009-06-011.63%2.32%2.73%3.04%3.49%
2009-05-011.77%2.31%2.73%3.04%3.49%
2009-04-011.94%2.14%2.41%2.62%2.95%
2009-03-012.10%2.33%2.59%2.80%3.12%
2009-02-012.17%2.38%2.63%2.81%3.11%
2009-01-012.53%2.57%2.76%2.90%3.13%
2008-12-013.32%2.85%3.02%3.15%3.35%
2008-11-013.98%3.53%3.77%3.95%4.22%
2008-10-014.81%4.25%4.35%4.42%4.50%
2008-09-014.30%4.32%4.39%4.45%4.55%
2008-08-014.34%4.51%4.59%4.65%4.75%
2008-07-014.39%4.78%4.83%4.85%4.90%
2008-06-014.18%4.49%4.55%4.60%4.71%
2008-05-014.13%4.17%4.25%4.32%4.46%
2008-04-013.98%3.78%3.90%4.01%4.20%
2008-03-013.91%3.58%3.73%3.87%4.12%
2008-02-013.93%3.70%3.82%3.94%4.17%
2008-01-014.66%4.11%4.18%4.26%4.41%
2007-12-014.96%4.30%4.34%4.40%4.52%
2007-11-014.89%4.70%4.75%4.79%4.87%
2007-10-015.07%4.74%4.78%4.83%4.92%
2007-09-015.29%4.86%4.88%4.91%4.97%
2007-08-014.96%5.02%5.06%5.10%5.16%
2007-07-014.98%5.19%5.23%5.26%5.31%
2007-06-014.94%5.13%5.14%5.15%5.18%
2007-05-014.86%4.84%4.84%4.86%4.90%
2007-04-014.79%4.74%4.75%4.76%4.81%
2007-03-014.75%4.69%4.69%4.70%4.75%
2007-02-014.77%4.86%4.86%4.88%4.91%
2007-01-014.70%4.69%4.69%4.70%4.73%
2006-12-015.01%4.87%4.87%4.88%4.91%
2006-11-015.01%4.95%4.96%4.98%5.03%
2006-10-014.96%4.94%4.96%4.99%5.05%
2006-09-014.92%4.96%4.98%5.02%5.09%
2006-08-014.88%5.10%5.15%5.20%5.29%
2006-07-014.86%5.25%5.31%5.36%5.44%
2006-06-014.73%5.11%5.17%5.23%5.33%
2006-05-014.61%5.06%5.14%5.20%5.31%
2006-04-014.56%4.98%5.04%5.09%5.16%
2006-03-014.41%4.73%4.77%4.81%4.87%
2006-02-014.31%4.62%4.67%4.72%4.80%
2006-01-014.22%4.45%4.50%4.54%4.63%
2005-12-014.11%4.41%4.48%4.54%4.64%
2005-11-013.95%4.37%4.45%4.52%4.65%
2005-10-013.97%4.16%4.23%4.30%4.44%
2005-09-013.90%4.08%4.16%4.24%4.40%
2005-08-013.89%4.28%4.38%4.47%4.63%
2005-07-013.79%4.02%4.12%4.21%4.39%
2005-06-013.74%3.97%4.08%4.18%4.37%
2005-05-013.69%4.16%4.28%4.39%4.59%
2005-04-013.72%4.36%4.49%4.60%4.80%
2005-03-013.65%4.29%4.43%4.56%4.78%
2005-02-013.53%4.08%4.22%4.34%4.56%
2005-01-013.49%4.12%4.27%4.41%4.66%
2004-12-013.41%4.02%4.22%4.39%4.70%
2004-11-013.29%3.92%4.14%4.33%4.66%
2004-10-013.26%4.05%4.27%4.45%4.76%
2004-09-013.16%3.97%4.23%4.44%4.78%
2004-08-013.17%4.23%4.50%4.73%5.07%
2004-07-013.14%4.28%4.57%4.80%5.15%
2004-06-013.00%4.26%4.56%4.80%5.17%
2004-05-012.85%4.04%4.37%4.63%5.02%
2004-04-012.70%3.54%3.84%4.10%4.51%
2004-03-012.73%3.63%3.95%4.21%4.61%
2004-02-012.76%3.78%4.10%4.35%4.73%
2004-01-012.76%3.90%4.24%4.50%4.88%
2003-12-012.80%4.07%4.39%4.64%4.99%
2003-11-012.76%3.93%4.27%4.53%4.92%
2003-10-012.64%3.48%3.82%4.11%4.53%
2003-09-012.68%3.98%4.36%4.64%5.03%
2003-08-012.66%3.78%4.14%4.44%4.85%
2003-07-012.60%3.15%3.45%3.71%4.14%
2003-06-012.69%3.12%3.40%3.65%4.05%
2003-05-012.76%3.41%3.73%4.00%4.40%
2003-04-012.74%3.39%3.71%3.98%4.39%