Interest Rate for FY 1998 RUS Cost-of-Money Loans and Maximum Amount of an RUS Cost-of-Money or Rural Telephone Bank Loan for FY 1998

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The Rural Utilities Service (RUS) announces that interest rates on cost-of-money loans approved during fiscal year (FY) 1998 may exceed the 7 percent per year statutory limit, and also announces the maximum loan amount that may be made available to a single borrower in FY 1998.