94-22923. Municipal Interest Rates for Fourth Quarter of 1994

[Federal Register Volume 59, Number 179 (Friday, September 16, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-22923]


[[Page Unknown]]

[Federal Register: September 16, 1994]


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DEPARTMENT OF AGRICULTURE
Rural Electrification Administration

 

Municipal Interest Rates for Fourth Quarter of 1994

AGENCY: Rural Electrification Administration, USDA.

ACTION: Notice of municipal interest rates on advances from insured 
electric loans for the fourth quarter of 1994.

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SUMMARY: REA hereby announces the interest rates for advances on 
municipal rate loans with interest rate terms beginning during the 
fourth calendar quarter of 1994.

DATES: These interest rates are effective for interest rate terms that 
commence during the period beginning October 1, 1994, and ending 
December 31, 1994.

FOR FURTHER INFORMATION CONTACT: Patrick Shea, Financial Analyst, 
Program Support Staff, U.S. Department of Agriculture, Rural 
Electrification Administration, room 2230-S, 14th Street & Independence 
Avenue SW., Washington, DC 20250-1500. Telephone: [phone]. FAX: 
202-720-4120.

SUPPLEMENTARY INFORMATION: Pursuant to REA regulations at 7 CFR 1714.5, 
the interest rates on advances of funds from 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 any time during the fourth calendar quarter of 1994. 

------------------------------------------------------------------------
                                                                Interest
                                                                  Rate  
              Interest rate term ends in(year)                 (Percent)
                                                                        
------------------------------------------------------------------------
2015 or later................................................      6.125
2014.........................................................      6.125
2013.........................................................      6.125
2012.........................................................      6.125
2011.........................................................      6.000
2010.........................................................      6.000
2009.........................................................      6.000
2008.........................................................      5.875
2007.........................................................      5.750
2006.........................................................      5.625
2005.........................................................      5.500
2004.........................................................      5.375
2003.........................................................      5.375
2002.........................................................      5.250
2001.........................................................      5.125
2000.........................................................      5.000
1999.........................................................      4.875
1998.........................................................      4.750
1997.........................................................      4.625
1996.........................................................      4.375
1995.........................................................     4.000 
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    Dated: September 9, 1994.
Wally Beyer,
Administrator.
[FR Doc. 94-22923 Filed 9-15-94; 8:45 am]
BILLING CODE 3410-15-P