[Federal Register Volume 61, Number 183 (Thursday, September 19, 1996)]
[Notices]
[Pages 49299-49300]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-23972]
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DEPARTMENT OF AGRICULTURE
Rural Utilities Service
Municipal Interest Rates for the Fourth Quarter of 1996
AGENCY: Rural Utilities Service, USDA.
ACTION: Notice of municipal interest rates on advances from insured
electric loans for the fourth 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 fourth calendar quarter of 1996.
DATES: These interest rates are effective for interest rate terms that
commence during the period beginning October 1, 1996, and ending
December 31, 1996.
FOR FURTHER INFORMATION CONTACT: Carolyn Dotson, Loan Funds Control
Assistant, U.S. Department of Agriculture, Rural Utilities Service,
room 2234-S, 1400 Independence Avenue, SW., Stop 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 fourth
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.
[[Page 49300]]
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
at any time during the fourth calendar quarter of 1996.
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RUS rate
Interest rate term ends in (year) (0.000
percent)
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2017 or later................................................. 5.750
2016.......................................................... 5.750
2015.......................................................... 5.750
2014.......................................................... 5.625
2013.......................................................... 5.625
2012.......................................................... 5.500
2011.......................................................... 5.500
2010.......................................................... 5.500
2009.......................................................... 5.375
2008.......................................................... 5.250
2007.......................................................... 5.125
2006.......................................................... 5.125
2005.......................................................... 5.000
2004.......................................................... 4.875
2003.......................................................... 4.750
2002.......................................................... 4.625
2001.......................................................... 4.625
2000.......................................................... 4.500
1999.......................................................... 4.375
1998.......................................................... 4.125
1997.......................................................... 3.875
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Dated: September 13, 1996.
Wally Beyer,
Administrator, Rural Utilities Service.
[FR Doc. 96-23972 Filed 9-18-96; 8:45 am]
BILLING CODE 3410-15-P