US Department of Agriculture Establishes Interest Rates for Rural Telephone Bank Loans for Fiscal Year 1994

Summary

The US Department of Agriculture has set interest rates for rural telephone bank loans for the fiscal year 1994, with rates of 6.15% for advances from the liquidating account and 6.40% for advances from the financing account, according to 7 CFR 1610.10. The rates apply to loans approved prior to fiscal year 1992, with exceptions for loans approved between October 1, 1987 and December 21, 1987.