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Review of Rural Telephone Bank's 1991 Loan Interest Rate Calculation

AFMD-92-28 Published: Nov 15, 1991. Publicly Released: Nov 15, 1991.
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Highlights

Pursuant to a legislative requirement, GAO reviewed the accuracy of the Rural Telephone Bank's (RTB) interest rate determinations, focusing on the interest rate: (1) charged to borrowers during fiscal year (FY) 1991; and (2) for advances from the liquidating accounts.

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Advance fundingDirect loansElectric utilitiesFinancial analysisLending institutionsLoan interest ratesOff-budget federal entitiesTelephonesRural telephone bankRural electrification