SBAPULSE

504 Debenture Rates

Current and historical rates for 10, 20, and 25-year terms

As of Apr 9, 2026 · Updated first Thursday of each month · Sources

Standard Rates

10-Year

5.611%

20-Year

5.983%

25-Year

5.942%

Manufacturing Rates

10-Year Mfg

5.310%

20-Year Mfg

5.732%

25-Year Mfg

5.700%

Rate History

Rates by term, Jan 2025 – present

Date10-Year20-Year25-Year10-Yr Mfg20-Yr Mfg25-Yr Mfg
Apr 20265.611%5.983%5.942%5.310%5.732%5.700%
Mar 20265.611%5.783%5.722%5.310%5.531%5.480%
Feb 20265.672%5.863%5.802%5.372%5.612%5.560%
Jan 20265.672%5.913%5.852%5.372%5.662%5.610%
Dec 20255.652%5.883%5.822%5.351%5.632%5.580%
Nov 20255.652%5.923%5.862%5.351%5.672%5.620%
Oct 20255.766%5.983%5.922%5.290%5.732%5.680%
Sep 20255.766%6.020%6.003%
Aug 20256.174%6.250%6.233%
Jul 20256.174%6.390%6.373%
Jun 20256.204%6.390%6.373%
May 20256.204%6.410%6.393%
Apr 20256.337%6.450%6.432%
Mar 20256.337%6.310%6.243%
Feb 20256.642%6.350%6.283%
Jan 20256.642%6.581%6.512%