02-7721. Interest Rates  

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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 5.125 (51/8) percent for the April-June quarter of FY 2002.

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    LeAnn M. Oliver,

    Deputy Associate Administrator for Financial Assistance.

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    [FR Doc. 02-7721 Filed 3-28-02; 8:45 am]

    BILLING CODE 8025-01-P

Document Information

Published:
03/29/2002
Department:
Small Business Administration
Entry Type:
Notice
Document Number:
02-7721
Pages:
15273-15273 (1 pages)
PDF File:
02-7721.pdf