CWCB Annual Report December 1997

• Year: 1997
• Title: Annual Report to the 61st Colorado General Assembly Second Regular Session
• CWCB Section: Agency-wide
• Publications - Doc Type: CF Annual Report

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For loans with maturities of 20 years or less,but more than 10 years, the rate may be reduced
I by one quarter of one percent below the 30-year rate for that category of lending. For loans with
maturities of 10 years or less, the lending rate may be reduced by one half of one percent below the
30-year rate for that category.
IIn November 1997, the Board changed the rate setting procedure to be based on the average
yield for the 30-year "A" Municipal Bond for the preceding 12 months. The Board adopted the
I following interest rates for standard loans recommended to the General Assembly in the respective
years of the table.
1 CWCB 30-Year Lending Rates
Iy)6;0 t,,aai ' A 3199`ZZt 9 3A 99 -k r 199.6 Af q 19971 : € 99-.'8,'11-'
Agricultural 5.00% 4.00% 4.25% 3.75% 4.00%
IMunicipal-Low 5.00% 4.00% 4.25% 3.75% 4.00%
Municipal -Middle 5.00% 5.00% 5.25% 4.75% 5.00%
IMunicipal-High 5.00% 5.50% 5.75% 5.25% 5.75%
1 Commercial 5.00% 5.50% 5.75% 5.25% 6.25%
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ICWCB FY97 Annual Report,page 17