Normalized US risk free rate: 3.5%

Source: Kroll

Last updated, June 16, 2022. The current normalized 20-year US treasury yield effective until further notice.

kroll-us-erp-rf-table-2023.pdf

Recommended U.S. Equity Risk Premium and Corresponding Risk-Free Rates (kroll.com)

Please note that there might be a lag between when Kroll updates its guidance, and when we update our site. We recommend that you confirm the rates on Kroll’s website.

Spot risk free rates

Spot risk free rates can be obtained from various sources including CapitalIQ, Bloomberg and other aggregators.

You can also obtain this data from central bank (in this case for the US we pulled from the St. Louis Fed) websites.

For:

Canada: Selected Bond Yields - Bank of Canada

US: Treasury Constant Maturity | FRED | St. Louis Fed (stlouisfed.org)

UK (interest rate and FX data): Bank of England | Database