Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 22 - Foreign Relations |
Chapter II - Agency for International Development |
Part 220 - MORTGAGE INSURANCE AND INSURED IMPROVEMENT LOANS FOR URBAN RENEWAL AND CONCENTRATED DEVELOPMENT AREAS |
Subpart D - Contract Rights and Obligations - Projects |
§ 220.830 - Debenture interest rate.
Latest version.
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Debentures shall bear interest from the date of issue, payable semiannually on the first day of January and the first day of July of each year at the rate in effect as of the date the commitment was issued or as of the date the loan was endorsed for insurance, whichever rate is higher. The applicable rates of interest will be published twice each year as a notice in the Federal Register.
[47 FR 26125, June 17, 1982]