[Federal Register Volume 61, Number 52 (Friday, March 15, 1996)]
[Notices]
[Pages 10724-10725]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-6264]



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DEPARTMENT OF AGRICULTURE

Municipal Interest Rates for the Second Quarter of 1996

AGENCY: Rural Utilities Service, USDA.

ACTION: Notice of municipal interest rates on advances from insured 
electric loans for the second quarter of 1996.

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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 1996.

DATES: These interest rates are effective for interest rate terms that 
commence during the period beginning April 1, 1996, and ending June 30, 
1996.

FOR FURTHER INFORMATION CONTACT: Carolyn Dotson, Loan Funds Control 
Assistant, U.S. Department of Agriculture, Rural Utilities Service, 
room 2230-s, 14th Street & Independence Avenue, SW. AgBox 1522, 
Washington, DC 20250-1522. Telephone: 202-720-1928. FAX: 202-720-4120. 
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 1996 for municipal rate electric loans. Pursuant to 
RUS regulations at 7 CFR 1714.4, each advance of funds on a municipal 
rate 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 first Friday of the last month before the beginning of the 
quarter.
    In accordance with 7 CFR 1714.5, the interest rates are published 
as shown in the following table for all interest rate terms that begin 
at any time during the second calendar quarter of 1996.

[[Page 10725]]


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                                                              RUS rate  
             Interest rate term ends in (year)                 (0.000   
                                                              percent)  
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2016 or later.............................................         5.375
2016......................................................         5.375
2015......................................................         5.375
2014......................................................         5.250
2013......................................................         5.250
2012......................................................         5.250
2011......................................................         5.125
2010......................................................         5.125
2009......................................................         5.000
2008......................................................         4.875
2007......................................................         4.750
2006......................................................         4.625
2005......................................................         4.500
2004......................................................         4.375
2003......................................................         4.375
2002......................................................         4.250
2001......................................................         4.125
2000......................................................         4.000
1999......................................................         3.875
1998......................................................         3.625
1997......................................................         3.250
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    Dated: March 11, 1996.
Wally Beyer,
Administrator, Rural Utilities Service.
[FR Doc. 96-6264 Filed 3-14-96; 8:45 am]
BILLING CODE 3410-15-P