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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.
Start SignatureLeAnn M. Oliver,
Deputy Associate Administrator for Financial Assistance.
[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