Fixed annuity interest rate trends as of March 2009

By Danny Fisher

March 23, 2009 at 08:00 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
3/9/2009	71	752	2.15%	2.95%	5.03%	7.12%	14.61%	2.09%
2/9/2009	72	797	1.85%	3.07%	5.12%	7.17%	14.61%	2.05%
9/8/2008	75	757	2.00%	3.46%	5.42%	7.37%	14.61%	1.96%
3/10/2008	77	758	2.00%	3.03%	5.08%	7.12%	16.10%	2.05%

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
3/09/09	3.02%	2.79%	3.28%	3.65%	3.83%	3.81%	3.94%	4.25%	4.17%	4.36%
2/09/09	3.10%	3.04%	3.39%	3.88%	4.00%	3.99%	4.16%	4.42%	4.30%	4.48%
9/08/08	3.38%	3.24%	3.95%	4.27%	4.37%	4.50%	4.58%	4.76%	4.81%	4.97%
3/10/08	3.53%	3.18%	3.65%	3.84%	4.01%	4.08%	4.12%	4.45%	4.51%	4.47%

Data as of 3/09/2009

Source: Fisher Annuity Index, Dallas

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