Review of Rural Telephone Bank's 1994 Loan Interest Rate Calculation
AIMD-95-29
Published: Nov 18, 1994. Publicly Released: Nov 18, 1994.
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Highlights
Pursuant to a legislative requirement, GAO reviewed the accuracy of the Rural Telephone Bank's interest rate determinations, focusing on the interest rate: (1) charged to borrowers during fiscal year (FY) 1994; and (2) for advances from the liquidating and financing accounts.
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Topics
Advance fundingDirect loansElectric utilitiesFinancial analysisLending institutionsLoan interest ratesTelephonesInterest ratesOff-budget federal entitiesRural telephone bank