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Interest Rates Paid on Account Balances in the OSTF
Interest is accrued on interest bearing accounts based on the
end of day balance of the account times the rate for that day,
divided by the number of days in the year. Accrued interest is
distributed on the last day of the month and includes interest
accrued for the last day of the month.
The following table reflects the changes in the interest rate paid:
| March 22, 2012 |
0.60% |
| October 28, 2010 to March 21, 2012 |
0.50% |
| January 29, 2010 to October 27, 2010 |
0.55% |
The following are the average daily rates paid during the month:
| April 2012 |
0.6000% |
| March 2012 |
0.5323% |
| February 2012 |
0.5000% |
| January 2012 |
0.5000% |
| December 2011 |
0.5000% |
| November 2011 |
0.5000% |
| October 2011 |
0.5000% |
| September 2011 |
0.5000% |
| August 2011 |
0.5000% |
| July 2011 |
0.5000% |
| June 2011 |
0.5000% |
| May 2011 |
0.5000% |
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