[Federal Register Volume 59, Number 179 (Friday, September 16, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-22923]
[[Page Unknown]]
[Federal Register: September 16, 1994]
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DEPARTMENT OF AGRICULTURE
Rural Electrification Administration
Municipal Interest Rates for Fourth Quarter of 1994
AGENCY: Rural Electrification Administration, USDA.
ACTION: Notice of municipal interest rates on advances from insured
electric loans for the fourth 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
fourth calendar quarter of 1994.
DATES: These interest rates are effective for interest rate terms that
commence during the period beginning October 1, 1994, and ending
December 31, 1994.
FOR FURTHER INFORMATION CONTACT: Patrick Shea, 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 fourth calendar quarter of 1994.
------------------------------------------------------------------------
Interest
Rate
Interest rate term ends in(year) (Percent)
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2015 or later................................................ 6.125
2014......................................................... 6.125
2013......................................................... 6.125
2012......................................................... 6.125
2011......................................................... 6.000
2010......................................................... 6.000
2009......................................................... 6.000
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......................................................... 4.000
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Dated: September 9, 1994.
Wally Beyer,
Administrator.
[FR Doc. 94-22923 Filed 9-15-94; 8:45 am]
BILLING CODE 3410-15-P