Record for the Final Section 316(b) Existing Facilities Rule

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A B C

Author: Abt Associates Inc.

Date Created: 7/14/2010

Date Modified: 2/27/2012

Purpose: Compiles Average Yield to Maturity on Selected Long-Term Bonds for use in the capital expenditures estimate

File Contents:

Worksheet Contents

Average Calc Calculates the average bond yield for a specified type of bond AAA or BAA) and set of years

Data Summary of AAA and BAA yields and the differential between them from 1976-2010

AAA yields AAA Bond Yield rate data from the Federal Reserve, 1976-2010

BAA yields BAA Bond Yield rate data from the Federal Reserve, 1976-2010

EPA-HQ-OW-2008-0667-DRAFT-3434 File Info 1
Record for the Final Section 316(b) Existing Facilities Rule

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A B C D E F G H

Bond Type Baa Select type of bond (Aaa or Baa)

Range Start 1999 Select first year of the period over which you want to average

Range End 2010 Select last year of the period over which you want to average

Average Yield 7.08

EPA-HQ-OW-2008-0667-DRAFT-3434 Average Calc 1
Record for the Final Section 316(b) Existing Facilities Rule

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A B C D E F G H I J K L M N O P Q

AVERAGE ANNUAL YIELD TO MATURITY ON SELECTED LONG-TERM BONDS.

http://www.federalreserve.gov/Releases/H15/data.htm

Year Aaa Baa Dif

1976 8.43 9.75 1.32

1977 8.02 8.97 0.95

1978 8.73 9.49 0.76

1979 9.63 10.69 1.06

1980 11.94 13.67 1.73

1981 14.17 16.04 1.87

1982 13.79 16.11 2.32

1983 12.04 13.55 1.51

1984 12.71 14.19 1.48

1985 11.37 12.72 1.35

1986 9.02 10.39 1.37

1987 9.38 10.58 1.2

1988 9.71 10.83 1.12

1989 9.26 10.18 0.92

1990 9.32 10.36 1.04

1991 8.77 9.80 1.03

1992 8.14 8.98 0.84

1993 7.22 7.93 0.71

1994 7.97 8.63 0.66

1995 7.59 8.20 0.61

1996 7.37 8.05 0.68

1997 7.27 7.87 0.6

1998 6.53 7.22 0.69

1999 7.05 7.88 0.83

2000 7.62 8.37 0.75

2001 7.08 7.95 0.87

2002 6.49 7.80 1.31

2003 5.66 6.76 1.1

2004 5.63 6.39 0.76

2005 5.23 6.06 0.83

2006 5.59 6.48 0.89

2007 5.56 6.48 0.92

2008 5.63 7.44 1.81

2009 5.31 7.29 1.98

2010 4.94 6.04 1.1

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197619781980198219841986198819901992199419961998200020022004200620082010

Average Yield to

Maturity

Year

Aaa

Baa

Dif

EPA-HQ-OW-2008-0667-DRAFT-3434 Data 1
Record for the Final Section 316(b) Existing Facilities Rule

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EPA-HQ-OW-2008-0667-DRAFT-3434 Data 2
Record for the Final Section 316(b) Existing Facilities Rule

 Instrument

 Maturity

 Frequency

 Description

 Note

http://www.federalreserve.gov/Releases/H15/data.htm

Data downloaded 11/9/2011.

DATE AAANA

1976 8.43

1977 8.02

1978 8.73

1979 9.63

1980 11.94

1981 14.17

1982 13.79

1983 12.04

1984 12.71

1985 11.37

1986 9.02

1987 9.38

1988 9.71

1989 9.26

1990 9.32

1991 8.77

1992 8.14

1993 7.22

1994 7.97

1995 7.59

1996 7.37

1997 7.27

1998 6.53

1999 7.05

2000 7.62

2001 7.08

2002 6.49

2003 5.66

2004 5.63

2005 5.23

2006 5.59

2007 5.56

2008 5.63

2009 5.31

2010 4.94

EPA-HQ-OW-2008-0667-DRAFT-3434 AAA yields 1
Record for the Final Section 316(b) Existing Facilities Rule

Corporate bonds/Moody's seasoned Aaa

Not applicable

Annual

MOODY'S YIELD ON SEASONED CORPORATE BONDS - ALL INDUSTRIES, AAA

Moody's Aaa rates through December 6, 2001, are averages of Aaa utility and Aaa industrial bond rates. As of December 7, 2001, t

http://www.federalreserve.gov/Releases/H15/data.htm

Data downloaded 11/9/2011.

EPA-HQ-OW-2008-0667-DRAFT-3434 AAA yields 2
Record for the Final Section 316(b) Existing Facilities Rule

Aaa industrial bond rates. As of December 7, 2001, these rates are averages of Aaa industrial bonds only.

EPA-HQ-OW-2008-0667-DRAFT-3434 AAA yields 3
Record for the Final Section 316(b) Existing Facilities Rule

 Instrument

 Maturity

 Frequency

 Description

http://www.federalreserve.gov/Releases/H15/data.htm

Data downloaded 11/9/2011.

DATE BAANA

1976 9.75

1977 8.97

1978 9.49

1979 10.69

1980 13.67

1981 16.04

1982 16.11

1983 13.55

1984 14.19

1985 12.72

1986 10.39

1987 10.58

1988 10.83

1989 10.18

1990 10.36

1991 9.8

1992 8.98

1993 7.93

1994 8.63

1995 8.2

1996 8.05

1997 7.87

1998 7.22

1999 7.88

2000 8.37

2001 7.95

2002 7.8

2003 6.76

2004 6.39

2005 6.06

2006 6.48

2007 6.48

2008 7.44

2009 7.29

2010 6.04

EPA-HQ-OW-2008-0667-DRAFT-3434 BAA yields 1
Record for the Final Section 316(b) Existing Facilities Rule

Corporate bonds/Moody's seasoned Baa

Not applicable

Annual

MOODY'S YIELD ON SEASONED CORPORATE BONDS - ALL INDUSTRIES, BAA

http://www.federalreserve.gov/Releases/H15/data.htm

Data downloaded 11/9/2011.

EPA-HQ-OW-2008-0667-DRAFT-3434 BAA yields 2