Applicable federal rates for January 2005

Applicable federal rates rose somewhat in January 2005.

Short-Term Rates for 2005

Month	Annual	Semiann.	Quarterly	Monthly
Jan-2005	2.78%	2.76%	2.75%	2.74%

Mid-Term Rates for 2005

Month	Annual	Semiann.	Quarterly	Monthly
Jan-2005	3.76%	3.73%	3.71%	3.70%

Long-Term Rates for 2005

Month	Annual	Semiann.	Quarterly	Monthly
Jan-2005	4.76%	4.70%	4.67%	4.65%