Finance & markets · 27/10/2017Updated: 10/17/2026 · 1 min read
Notice of Rate to Be Used for Federal Debt Collection, and Discount and Rebate Evaluation
Summary
The U.S. Department of the Treasury has announced the rate to be used for assessing interest charges on outstanding government debts, which will be 1.00 percent for calendar year 2018, and will be used to evaluate the cost-effectiveness of cash discounts and determine when to pay purchase card invoices with rebates.