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Start Printed Page 61240
The Small Business Administration publishes an interest rate called the optional “peg” rate (13 CFR 120.214) on a quarterly basis. This rate is a weighted average cost of money to the government for maturities similar to the average SBA direct loan. This rate may be used as a base rate for guaranteed fluctuating interest rate SBA loans. This rate will be 4.375 (43/8) percent for the October-December quarter of FY 2004.
Start SignatureJames E. Rivera,
Associate Administrator for Financial Assistance.
[FR Doc. 03-27017 Filed 10-24-03; 8:45 am]
BILLING CODE 8025-01-P
Document Information
- Published:
- 10/27/2003
- Department:
- Small Business Administration
- Entry Type:
- Notice
- Document Number:
- 03-27017
- Pages:
- 61240-61240 (1 pages)
- PDF File:
- 03-27017.pdf