[Federal Register Volume 61, Number 52 (Friday, March 15, 1996)]
[Notices]
[Pages 10724-10725]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-6264]
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DEPARTMENT OF AGRICULTURE
Municipal Interest Rates for the Second Quarter of 1996
AGENCY: Rural Utilities Service, USDA.
ACTION: Notice of municipal interest rates on advances from insured
electric loans for the second quarter of 1996.
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SUMMARY: The Rural Utilities Service hereby announces the interest
rates for advances on municipal rate loans with interest rate terms
beginning during the second calendar quarter of 1996.
DATES: These interest rates are effective for interest rate terms that
commence during the period beginning April 1, 1996, and ending June 30,
1996.
FOR FURTHER INFORMATION CONTACT: Carolyn Dotson, Loan Funds Control
Assistant, U.S. Department of Agriculture, Rural Utilities Service,
room 2230-s, 14th Street & Independence Avenue, SW. AgBox 1522,
Washington, DC 20250-1522. Telephone: 202-720-1928. FAX: 202-720-4120.
E-mail: CD[email protected].
SUPPLEMENTARY INFORMATION: The Rural Utilities Service (RUS) hereby
announces the interest rates on advances made during the second
calendar quarter of 1996 for municipal rate electric loans. Pursuant to
RUS regulations at 7 CFR 1714.4, each advance of funds on a municipal
rate loan shall bear interest at a single rate for each interest rate
term. Pursuant to 7 CFR 1714.5, the interest rates on these advances
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 published
as shown in the following table for all interest rate terms that begin
at any time during the second calendar quarter of 1996.
[[Page 10725]]
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RUS rate
Interest rate term ends in (year) (0.000
percent)
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2016 or later............................................. 5.375
2016...................................................... 5.375
2015...................................................... 5.375
2014...................................................... 5.250
2013...................................................... 5.250
2012...................................................... 5.250
2011...................................................... 5.125
2010...................................................... 5.125
2009...................................................... 5.000
2008...................................................... 4.875
2007...................................................... 4.750
2006...................................................... 4.625
2005...................................................... 4.500
2004...................................................... 4.375
2003...................................................... 4.375
2002...................................................... 4.250
2001...................................................... 4.125
2000...................................................... 4.000
1999...................................................... 3.875
1998...................................................... 3.625
1997...................................................... 3.250
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Dated: March 11, 1996.
Wally Beyer,
Administrator, Rural Utilities Service.
[FR Doc. 96-6264 Filed 3-14-96; 8:45 am]
BILLING CODE 3410-15-P