Fixed annuity interest rate trends as of January 2009

By Danny Fisher

January 25, 2009 at 07:00 PM

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Interest rate trends on fixed annuities

				Normal Annuity Range
ALL Annuities in Index	Number of Companies	Number of Annuities	Lowest Rate	Low Norm	Average Rate	High Norm	Highest Rate	Standard Deviation
1/5/2009	74	787	1.85%	3.22%	5.27%	7.31%	14.61%	2.04%
12/8/2008	74	773	2.00%	3.52%	5.55%	7.57%	14.61%	2.02%
7/7/2008	75	749	1.90%	3.45%	5.40%	7.36%	14.55%	1.96%
1/7/2008	78	781	2.00%	3.17%	5.09%	7.01%	15.76%	1.92%

Note: Rate includes "Non-Forfeitable" first year interest bonus

"CD" type annuities: average rates for length of guarantee period

Years	1	2	3	4	5	6	7	8	9	10
1/05/09	3.35%	2.95%	3.60%	4.22%	4.15%	4.20%	4.32%	4.61%	4.33%	4.63%
12/08/08	3.73%	3.34%	4.00%	4.52%	4.40%	4.57%	4.75%	5.04%	4.90%	5.19%
7/07/08	3.36%	3.40%	4.02%	4.30%	4.44%	4.50%	4.57%	4.76%	4.82%	4.93%
1/07/08	3.88%	3.55%	3.89%	4.14%	4.16%	4.19%	4.14%	4.42%	4.50%	4.43%

Data as of 1/09/2009

Source: Fisher Annuity Index, Dallas

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