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30-Year Lending Rates for 1996 <br /> 1 <br /> Type Low Standard High <br /> Municipal 4.25% 5.25% 5.75% <br /> Agricultural 4.25% <br /> Commercial 5.75% <br /> At its November 1996 meeting, based on an average 30-year T-Bond yield of 6.62% for the <br /> ' preceding 12 month period, the Board adopted the following interest rate policy for loans <br /> recommended to the General Assembly in 1997. <br /> 30-Year Lending Rates for 1997 <br /> ' Type Low Medium High <br /> Municipal 3.75% 4.75% 5.25% <br /> ' Agricultural 3.75% <br /> Commercial 5.25% <br /> 1 <br /> 1 <br /> 1 <br /> CWCB FY96 Annual Report,page 17 <br />