[Federal Register Volume 60, Number 177 (Wednesday, September 13, 1995)]
[Notices]
[Page 47546]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-22632]



 ========================================================================
 Notices
                                                 Federal Register
 ________________________________________________________________________
 
 This section of the FEDERAL REGISTER contains documents other than rules 
 or proposed rules that are applicable to the public. Notices of hearings 
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 delegations of authority, filing of petitions and applications and agency 
 statements of organization and functions are examples of documents 
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  Federal Register / Vol. 60, No. 177 / Wednesday, September 13, 1995 / 
Notices  


[[Page 47546]]


DEPARTMENT OF AGRICULTURE

Rural Utilities Service


Municipal Interest Rates for the Fourth Quarter of 1995

AGENCY: Rural Utilities Service, USDA.

ACTION: Notice of municipal interest rates on advances from insured 
electric loans for the fourth quarter of 1995.

-----------------------------------------------------------------------

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 1995.

DATES: These interest rates are effective for interest rate terms that 
commence during the period beginning October 1, 1995, and ending 
December 31, 1995.

FOR FURTHER INFORMATION CONTACT: Sue Arnold, Financial Analyst, U.S. 
Department of Agriculture, Rural Utilities Service, room 2230-s, 14th 
Street & Independence Avenue, SW. AgBox 1522, Washington, DC 20250-
1500. Telephone: 202-720-0736. FAX: 202-720-4120.

SUPPLEMENTARY INFORMATION: The Rural Utilities Service (RUS) hereby 
announces the interest rates on advances made during the fourth 
calendar quarter of 1995 for municipal rate electric loans. Pursuant to 
regulations originally published by the Rural Electrification 
Administration (REA) 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.
    The Federal Crop Insurance Reform and Department of Agriculture 
Reorganization Act of 1994 (Pub. L. 103-354, 101 Stat. 3178), signed by 
President Clinton on October 13, 1994, provides for the establishment 
of RUS as successor to REA with respect to various programs, including 
the electric loan program established by the Rural Electrification Act 
of 1936 (7 U.S.C. 901 et seq.). On October 20, 1994, the Secretary of 
Agriculture issued Secretary's Memorandum 1010-1, establishing RUS and 
abolishing REA. Therefore, RUS is publishing this notice implementing a 
rule originally published by REA.
    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 1995.

------------------------------------------------------------------------
                                                                RUS rate
               Interest rate term ends in(year)                  (0.000 
                                                                percent)
------------------------------------------------------------------------
2016 or later................................................      6.000
2015.........................................................      6.000
2014.........................................................      6.000
2013.........................................................      5.875
2012.........................................................      5.875
2011.........................................................      5.750
2010.........................................................      5.625
2009.........................................................      5.625
2008.........................................................      5.500
2007.........................................................      5.375
2006.........................................................      5.250
2005.........................................................      5.000
2004.........................................................      5.000
2003.........................................................      4.875
2002.........................................................      4.750
2001.........................................................      4.625
2000.........................................................      4.500
1999.........................................................      4.375
1998.........................................................      4.250
1997.........................................................      4.000
1996.........................................................      3.875
------------------------------------------------------------------------

    Dated: September 6, 1995.
Wally Beyer,
Administrator, Rural Utilities Service.
[FR Doc. 95-22632 Filed 9-12-95; 8:45 am]
BILLING CODE 3410-15-P