02-16928. 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 5.375 (5 3/8) percent for the July—September quarter of FY 2002.

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    LeAnn M. Oliver,

    Deputy Associate Administrator for Financial Assistance.

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    [FR Doc. 02-16928 Filed 7-5-02; 8:45 am]

    BILLING CODE 8025-01-P

Document Information

Published:
07/08/2002
Department:
Small Business Administration
Entry Type:
Notice
Document Number:
02-16928
Pages:
45168-45168 (1 pages)
PDF File:
02-16928.pdf