[Federal Register Volume 59, Number 63 (Friday, April 1, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-7840]


[[Page Unknown]]

[Federal Register: April 1, 1994]


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DEPARTMENT OF AGRICULTURE
Rural Electrification Administration

 

Municipal Interest Rates for Second Quarter of 1994

AGENCY: Rural Electrification Administration, USDA.

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

DATES: These interest rates are effective for interest rate terms that 
commence during the period beginning April 1, 1994, and ending June 30, 
1994.

FOR FURTHER INFORMATION CONTACT: Sue Arnold, Management Analyst, U.S. 
Department of Agriculture, Rural Electrification Administration, room 
2230-s, 14th Street & Independence Avenue SW., Washington, DC 20250-
1500. Telephone: 202-720-0736. FAX: 202-720-4120.

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

------------------------------------------------------------------------
                                                                Interest
                                                                  rate  
              Interest rate term ends in (year)                  (0.000 
                                                                percent)
------------------------------------------------------------------------
2015 or later................................................      5.500
2014.........................................................      5.500
2013.........................................................      5.500
2012.........................................................      5.500
2011.........................................................      5.375
2010.........................................................      5.375
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.........................................................      3.750
1996.........................................................      3.625
1995.........................................................      3.000
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    Dated: March 29, 1994.
Wally Beyer,
Administrator.
[FR Doc. 94-7840 Filed 3-31-94; 8:45 am]
BILLING CODE 3416-15-P