Rev. Rul. 87-25

1987-1 C.B. 254.

Published:  1987

  For purposes of section 1274(d) of the Internal Revenue Code, the short-term, mid-term, and long-term applicable federal rates (AFR) for the month of April 1987 are as follows:

           Period for Compounding
                Annual  Semiannual  Quarterly  Monthly
Short-Term AFR   6.29%       6.19%      6.14%    6.11%
110% AFR         6.93%       6.81%      6.75%    6.72%
120% AFR         7.57%       7.43%      7.36%    7.32%
Mid-Term AFR     7.02%       6.90%      6.84%    6.80%
110% AFR         7.73%       7.59%      7.52%    7.47%
120% AFR         8.45%       8.28%      8.20%    8.14%
Long-Term AFR    7.53%       7.39%      7.32%    7.28%
110% AFR         8.30%       8.13%      8.05%    8.00%
120% AFR         9.07%       8.87%      8.77%    8.71%
  For purposes of section 1288 of the Code, the short-term, mid-term, and long- term adjusted federal rates (adjusted AFR) for the month of April 1987 are as follows:
           Period for Compounding
                Annual  Semiannual  Quarterly  Monthly
Short-term AFR   3.69%       3.66%      3.64%    3.63%
Mid-term AFR     4.71%       4.66%      4.63%    4.62%
Long-term AFR    6.02%       5.93%      5.89%    5.86%
  For purposes of section 382 of the Code, the adjusted federal long-term rate and the long-term tax-exempt rate for April 1987 are as follows:
Adjusted federal long-term rate for April                                 6.02%
Long-term tax-exempt rate for ownership changes during April (the         6.15%
  highest of the adjusted federal long-term rates for the current month
  and the prior two months)

Rev. Rul. 87-25, 1987-1 C.B. 254