United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office Accounting and Information Management Division author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1993-11-18 monographic deposited born digital GA 1.13:AIMD-94-55 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-94-55 P0b002ee1803a1d31 f:ai94055 DGPO 2010-08-12 2011-05-04 GAOREPORTS-AIMD-94-55 machine generated eng fdlp REPORT GAOREPORTS-AIMD-94-55 AIMD-94-55 Financial analysis Loan interest rates Credit Lending institutions Government guaranteed loans Telephone communications operations Federal corporations Electric utilities Off-budget federal entities Letter Report AIMD GAO is required to review each year the interest rates charged to borrowers, referred to as the cost of money rate, as set by the Rural Telephone Bank for the preceding fiscal year. The Rural Telephone Bank now calculates the following two rates: (1) the interest rate used for advances made during fiscal year 1993 on loans approved before fiscal year 1992 (referred to as loans from the liquidating account) and (2) the interest rate used for advances made during fiscal year 1993 on loans approved on or after October 1, 1992 (referred to as loans from the financing account). The Rural Telephone Bank's fiscal year 1993 cost of money rates were pegged at 6.05 percent and 6.35 percent for advances from the liquidating account and financing account, respectively. GAO found these rate determinations to be in accordance with the law. https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-94-55/html/GAOREPORTS-AIMD-94-55.htm GAO/AIMD-94-55 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-94-55 Letter Report GAO/AIMD-94-55; RTB: Review of Rural Telephone Bank's 1993 Loan Interest Rate Calculation; Financial analysis Loan interest rates Credit Lending institutions Government guaranteed loans Telephone communications operations Federal corporations Electric utilities Off-budget federal entities