[Federal Register Volume 59, Number 115 (Thursday, June 16, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-14680]


[[Page Unknown]]

[Federal Register: June 16, 1994]


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DEPARTMENT OF AGRICULTURE
Rural Electrification Administration

 

Municipal Interest Rates for Third Quarter of 1994

AGENCY: Rural Electrification Administration, USDA.

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

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

FOR FURTHER INFORMATION CONTACT: Sue Arnold, Financial Analyst, Program 
Support Staff, 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 of funds 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 any time during the third calendar quarter of 1994. 

------------------------------------------------------------------------
                                                            Interest    
          Interest rate term ends in (year)                rate(0.000   
                                                            percent)    
------------------------------------------------------------------------
2015 or later........................................              6.125
2014.................................................              6.125
2013.................................................              6.125
2012.................................................              6.000
2011.................................................              6.000
2010.................................................              6.000
2009.................................................              5.875
2008.................................................              5.875
2007.................................................              5.750
2006.................................................              5.625
2005.................................................              5.500
2004.................................................              5.375
2003.................................................              5.375
2002.................................................              5.250
2001.................................................              5.125
2000.................................................              5.000
1999.................................................              4.875
1998.................................................              4.750
1997.................................................              4.625
1996.................................................              4.375
1995.................................................              3.750
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    Dated: June 10, 1994.
Wally Beyer,
Administrator.
[FR Doc. 94-14680 Filed 6-15-94; 8:45 am]
BILLING CODE 3410-15-P