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: [phone]. FAX: [phone].

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