[Federal Register Volume 61, Number 119 (Wednesday, June 19, 1996)] [Notices] [Page 31089] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 96-15518] ----------------------------------------------------------------------- DEPARTMENT OF AGRICULTURE Rural Utilities Service Municipal Interest Rates for the Third Quarter of 1996
Agency
Rural Utilities Service, USDA.
Action
Notice of municipal interest rates on advances from insured electric loans for the third 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 third calendar quarter of 1996.
Dates
These interest rates are effective for interest rate terms that commence during the period beginning July 1, 1996, and ending September 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: CDotson@rus.usda.gov.
Supplementary Information
The Rural Utilities Service (RUS) hereby announces the interest rates on advances made during the third 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 established as shown in the following table for all interest rate terms that begin at any time during the third calendar quarter of 1996.
Interest rate term ends in.....................................RUS rate (year)..................................................(0.000 percent) 2017 or later.....................................................5.875 2016..............................................................5.750 2015..............................................................5.750 2014..............................................................5.750 2013..............................................................5.750 2012..............................................................5.625 2011..............................................................5.625 2010..............................................................5.500 2009..............................................................5.500 2008..............................................................5.375 2007..............................................................5.250 2006..............................................................5.250 2005..............................................................5.125 2004..............................................................5.000 2003..............................................................4.875 2002..............................................................4.750 2001..............................................................4.750 2000..............................................................4.625 1999..............................................................4.500 1998..............................................................4.250 1997..............................................................3.625
Dated: June 12, 1996. Wally Beyer, Administrator, Rural Utilities Service. [FR Doc. 96-15518 Filed 6-18-96; 8:45 am] BILLING CODE 3410-15-P