Fixed annuity interest rate trends as of April 2009

By Danny Fisher

April 26, 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
4/6/2009	72	757	2.00%	2.71%	4.80%	6.89%	14.61%	2.09%
3/9/2009	71	752	2.15%	2.95%	5.03%	7.12%	14.61%	2.09%
10/6/2008	75	764	2.00%	3.42%	5.39%	7.35%	14.61%	1.97%
4/7/2008	75	763	2.00%	2.99%	5.05%	7.11%	16.44%	2.06%

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
4/06/09	2.63%	2.72%	3.07%	3.37%	3.65%	3.57%	3.76%	3.99%	4.01%	4.25%
3/09/09	3.02%	2.79%	3.28%	3.65%	3.83%	3.81%	3.94%	4.25%	4.17%	4.36%
10/06/08	3.33%	3.17%	3.87%	4.20%	4.31%	4.39%	4.56%	4.71%	4.75%	4.93%
4/07/08	3.47%	3.16%	3.65%	3.77%	3.94%	4.07%	4.07%	4.38%	4.45%	4.42%

Data as of 4/06/2009

Source: Fisher Annuity Index, Dallas

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