[Federal Register Volume 61, Number 183 (Thursday, September 19, 1996)]
[Notices]
[Pages 49299-49300]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-23972]


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DEPARTMENT OF AGRICULTURE
Rural Utilities Service


Municipal Interest Rates for the Fourth Quarter of 1996

AGENCY: Rural Utilities Service, USDA.

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

DATES: These interest rates are effective for interest rate terms that 
commence during the period beginning October 1, 1996, and ending 
December 31, 1996.

FOR FURTHER INFORMATION CONTACT: Carolyn Dotson, Loan Funds Control 
Assistant, U.S. Department of Agriculture, Rural Utilities Service, 
room 2234-S, 1400 Independence Avenue, SW., Stop 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 fourth 
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.

[[Page 49300]]

    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 1996.

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                                                                RUS rate
               Interest rate term ends in (year)                 (0.000 
                                                                percent)
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2017 or later.................................................     5.750
2016..........................................................     5.750
2015..........................................................     5.750
2014..........................................................     5.625
2013..........................................................     5.625
2012..........................................................     5.500
2011..........................................................     5.500
2010..........................................................     5.500
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..........................................................     3.875
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    Dated: September 13, 1996.
Wally Beyer,
Administrator, Rural Utilities Service.
[FR Doc. 96-23972 Filed 9-18-96; 8:45 am]
BILLING CODE 3410-15-P