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]
    
    
    -----------------------------------------------------------------------
    
    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.
    
    -----------------------------------------------------------------------
    
    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) 
    ------------------------------------------------------------------------
    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
    ------------------------------------------------------------------------
    
    
        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