US Department of Agriculture Sets Interest Rates for Rural Telephone Bank Loans for Fiscal Year 1996

Summary

The US Department of Agriculture has established interest rates for rural telephone bank loans for fiscal year 1996, with rates of 6.05% for advances from the liquidating account and 6.42% for advances from the financing account, according to 7 CFR 1610.10. These rates apply to loans approved between fiscal years 1988 and 1991, and to loans approved after fiscal year 1992.