United States Department of Agriculture
PN 653: Changes to RD Instruction 440.1
January 16, 2026
Summary
Procedure Notice 653 updates Exhibit B of USDA RD Instruction 440.1 to reflect the current Treasury Judgment interest rate. This update is effective as of January 1, 2026, for applicable Rural Development loan programs.
FORM RD 2006-46 (Rev. 01-98)
U.S. DEPARTMENT OF AGRICULTURE RURAL DEVELOPMENT Washington, D.C 20250
MANUAL: WSAL ISSUE No.: PN 653 DATE: January 16, 2026
PROCEDURE NOTICE
RD MANUAL CHANGES
INSERT RD INS 440.1 (WSAL) INTEREST RATES, AMORTIZATION, GUARANTEE FEE, ANNUAL CHARGE, AND FIXED PERIOD. This Instruction is partially revised as follows:
Exhibit B: To update the Treasury Judgement rate and the effective date of January 1, 2026.
| REMOVE | INSERT |
|---|---|
| Exhibit B dated 12-15-25. | Exhibit B revised 01-16-26. |
oOo
READ PROCEDURE - DISCUSS IN STAFF CONFERENCE - KEEP PROCEDURE MANUAL UP TO DATE
Source: https://www.rd.usda.gov/media/file/download/pn653.pdf
Common questions
- What does "PN 653: Changes to RD Instruction 440.1" cover?
- Procedure Notice 653 updates Exhibit B of USDA RD Instruction 440.1 to reflect the current Treasury Judgment interest rate. This update is effective as of…
- Which agency issued this update?
- This update was issued by United States Department of Agriculture.
- When was it published?
- It was published on January 16, 2026.