03-27017. Interest Rates; Quarterly Determinations  

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    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.

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    James E. Rivera,

    Associate Administrator for Financial Assistance.

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    [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