[Federal Register Volume 62, Number 51 (Monday, March 17, 1997)]
[Notices]
[Pages 12594-12595]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-6652]
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DEPARTMENT OF AGRICULTURE
Rural Utilities Service
Municipal Interest Rates for the Second Quarter of 1997
AGENCY: Rural Utilities Service, USDA.
ACTION: Notice of municipal interest rates on advances from insured
electric loans for the second quarter of 1997.
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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 1997.
DATES: These interest rates are effective for interest rate terms that
commence during the period beginning April 1, 1997, and ending June 30,
1997.
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: 202-690-2268. 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 1997 for municipal rate electric loans. Pursuant to
RUS regulations at 7 CFR 1714.4, each advance of funds on a municipal
rate
[[Page 12595]]
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 second 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
at any time during the second calendar quarter of 1997.
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RUS rate
Interest rate term ends in (year) (0.000
percent)
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2018 or later................................................ 5.500
2017......................................................... 5.500
2016......................................................... 5.500
2015......................................................... 5.500
2014......................................................... 5.375
2013......................................................... 5.375
2012......................................................... 5.250
2011......................................................... 5.250
2010......................................................... 5.250
2009......................................................... 5.125
2008......................................................... 5.000
2007......................................................... 4.875
2006......................................................... 4.875
2005......................................................... 4.750
2004......................................................... 4.625
2003......................................................... 4.500
2002......................................................... 4.375
2001......................................................... 4.375
2000......................................................... 4.125
1999......................................................... 4.000
1998......................................................... 3.625
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Dated: March 11, 1997.
Adam Golodner,
Deputy Administrator, Program Operations, Rural Utilities Service.
[FR Doc. 97-6652 Filed 3-14-97; 8:45 am]
BILLING CODE 3410-15-P