94-479. Municipal Interest Rates for First Quarter of 1994
[Federal Register Volume 59, Number 6 (Monday, January 10, 1994)]
[Proposed Rules]
[Pages 1370-1371]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-479]
[[Page Unknown]]
[Federal Register: January 10, 1994]
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DEPARTMENT OF AGRICULTURE
Rural Electrification Administration
Municipal Interest Rates for First Quarter of 1994
AGENCY: Rural Electrification Administration, USDA.
ACTION: Notice of interest rates for the first quarter of 1994.
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SUMMARY: REA hereby announces the interest rates for municipal rate
loans with interest rate terms beginning during the first calendar
quarter of 1994.
DATES: These interest rates are effective for interest rate terms that
commence during the period beginning January 1, 1994, and ending March
31, 1994.
FOR FURTHER INFORMATION CONTACT: Sue Arnold, Management Analyst, U.S.
Department of Agriculture, Rural Electrification Administration, room
2230-s, 14th Street & Independence Avenue, SW., Washington, DC 20250-
1500. Telephone: 202-720-0736. FAX: 202-720-4120.
SUPPLEMENTARY INFORMATION: On December 20, 1993, at 58 FR 66260, REA
published a rule establishing a program for electric loans at municipal
interest rates. Pursuant to 7 CFR 1714.5 of this rule, the interest
rates on these municipal rate loans are based on indexes published in
the ``Bond Buyer'' for the four weeks prior to the first Friday of the
last month before the beginning of the quarter. In accordance with 7
CFR 1714.5, the interest rates are established as shown in the
following table for all interest rate terms that begin at any time
during the first calendar quarter of 1994.
------------------------------------------------------------------------
Interest
Interest rate term ends in (year) rate (0.000
percent)
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2015 or later.............................................. 5.375
2014....................................................... 5.375
2013....................................................... 5.375
2012....................................................... 5.375
2011....................................................... 5.375
2010....................................................... 5.250
2009....................................................... 5.250
2008....................................................... 5.250
2007....................................................... 5.125
2006....................................................... 5.000
2005....................................................... 4.875
2004....................................................... 4.750
2003....................................................... 4.750
2002....................................................... 4.625
2001....................................................... 4.500
2000....................................................... 4.375
1999....................................................... 4.250
1998....................................................... 4.125
1997....................................................... 3.875
1996....................................................... 3.625
1995....................................................... 3.375
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Dated: January 4, 1994.
Wally Beyer,
Administrator.
[FR Doc. 94-479 Filed 1-7-94; 8:45 am]
BILLING CODE 3410-15-M
Document Information
- Effective Date:
- 1/1/1994
- Published:
- 01/10/1994
- Department:
- Agriculture Department
- Entry Type:
- Proposed Rule
- Action:
- Notice of interest rates for the first quarter of 1994.
- Document Number:
- 94-479
- Dates:
- These interest rates are effective for interest rate terms that commence during the period beginning January 1, 1994, and ending March 31, 1994.
- Pages:
- 1370-1371 (2 pages)
- Docket Numbers:
- Federal Register: January 10, 1994