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Last modified
3/26/2010 3:55:22 PM
Creation date
9/30/2006 10:22:51 PM
Metadata
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Template:
Publications
Year
1996
Title
Construction Fund Annual Report 1996
CWCB Section
Finance
Author
CWCB
Description
Construction Fund Annual Report 1996
Publications - Doc Type
CF Annual Report
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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />30- Year Lending Rates for 1996 <br /> <br />I Type <br /> <br />Low <br /> <br />Standard <br /> <br />High <br /> <br />Municipal 4.25% T 5.25% I 5,75% <br />Agricultural 4,25% <br />Commercial 5.75% <br /> <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 /> <br />30-Year Lending Rates for 1997 <br /> <br />I Type <br /> <br />Low <br /> <br />Medium <br /> <br />High <br /> <br />Municipal 3,75% I 4,75% I 5,25% <br />Agricultural 3.75% <br />Commercial 5,25% <br /> <br />CWCB FY96 Annual Report, page 17 <br />
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