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The Section 7520 rate for March 2016 is 1.8%, while the Applicable Federal Rates (AFRs) are as follows (Rev. Rul. 2016-7, IRB 2016-10):

Annual Semiannual Quarterly Monthly
Short-term (≤ 3 years) 0.65% 0.65% 0.65% 0.65%
Mid-term (> 3 years but ≤ 9 years) 1.48% 1.47% 1.47% 1.47%
Long-term (> 9 years) 2.33% 2.32% 2.31% 2.31%

 

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