Notice 2020-27 provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates used under § 417(e)(3), and the 24-month average segment rates under § 430(h)(2) of the Internal Revenue Code. In addition, this notice provides guidance as to the interest rate on 30-year Treasury securities under § 417(e)(3)(A)(ii)(II) as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate under 431(c)(6)(E)(ii)(I), as reflected by the application of § 430(h)(2)(C)(iv).
Notice 2020-27 will be in IRB: 2020-19, dated May 4, 2020.