Rev. Rul. 87-83,1987-2 C.B. 214.

Published: 1987

(Also Sections 280G, 382, 383, 467, 468, 483, 1273, 1288

  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 September 1987 are as follows:

              Period for Compounding
            Annual  Semiannual  Quarterly  Monthly
Short-Term
       AFR   7.32%       7.19%      7.13%    7.08%
  110% AFR   8.07%       7.91%      7.83%    7.78%
  120% AFR   8.82%       8.63%      8.54%    8.48%
  Mid-Term
       AFR   8.46%       8.29%      8.21%    8.15%
  110% AFR   9.33%       9.12%      9.02%    8.95%
  120% AFR  10.20%       9.95%      9.83%    9.75%
Long-Term
       AFR   8.93%       8.74%      8.65%    8.58%
  110% AFR   9.84%       9.61%      9.50%    9.42%
  120% AFR  10.77%      10.49%     10.36%   10.27%
  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 September 1987 are as follows:
              Period for Compounding
            Annual  Semiannual  Quarterly  Monthly
Short-Term
       AFR   4.82%       4.76%      4.73%    4.71%
  Mid-term
       AFR   5.75%       5.67%      5.63%    5.60%
Long-term
       AFR   7.22%       7.09%      7.03%    6.99%
  For purposes of section 382 of the Code, the adjusted federal long-term rate and the long-term tax-exempt rate for September 1987 are as follows:
Adjusted federal long-term rate for September    7.22%
Long-term tax-exempt rate for ownership changes
  during September (the highest of the adjusted
  federal long-term rates for the current month
  and the prior two months)                      7.46%

Rev. Rul. 87-83, 1987-2 C.B. 214