Last updated: January 13, 2009

• This page is provided for Federal agencies with responsibility for direct loan programs or loan guarantee programs.
• To be notified of updates, fax your name, email address, and phone number to (202) 395-7230, attn: "credit updates" or e-mail CSC2@omb.eop.gov, subject line “credit updates".
• Please send your comments or suggestions on these webpages to CSC2@omb.eop.gov, or fax (202) 395-7230, attn: "credit web page".
• For technical questions related to the Credit Subsidy Calculator 2, e-mail CSC2@omb.eop.gov.
• These pages are updated periodically. See the chronology of major changes for details.

• Credit Subsidy Calculator 2 (updated: January 13, 2009)
  The Credit Subsidy Calculator 2 (CSC2) builds upon the existing functions of the previous Credit Subsidy Calculator (CSC), and incorporates the reestimate and financing account interest functions of OMB's Consolidated Credit Tool (C-Credit) and Balances Approach Reestimate Calculator (BARC) spreadsheet tools.
  
  
• Training and resource materials (updated: January 13, 2009)
  The training and resource materials include handouts and references from the June 2007 annual credit training, as well as resource documents on constructing credit subsidy cash flows and on methods for credit subsidy estimation, documentation and guidance on the spreadsheet reestimate tools provided by OMB before the release of the CSC2, and the interest calculator for projecting interest costs.
  
  
• Links to other web pages (updated: April 4, 2007)
  The links will take you to web pages with materials such as the Federal Credit Reform Act, OMB Circulars, and Budget publications, including the Federal Credit Supplement, and other credit information.
  
  
• Similar maturity rates (updated: September 17, 2008)
  Annual average interest rates in the five "similar maturity" intervals are shown for 1992 through 2008.