Review of Rural Telephone Bank's 1992 Loan Interest Rate Calculation
AFMD-93-37: Published: Nov 19, 1992. Publicly Released: Nov 19, 1992.
- Full Report:
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) 1992; and (2) for advances from the liquidating and financing accounts.
GAO found that RTB interest rates were accurate and in compliance with applicable laws and regulations.