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Review of Rural Telephone Bank's 1993 Loan Interest Rate Calculation

AIMD-94-55 Published: Nov 18, 1993. Publicly Released: Nov 18, 1993.
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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) 1993; and (2) advances from the liquidating and financing accounts.

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Advance fundingDirect loansElectric utilitiesFinancial analysisLending institutionsLoan interest ratesOff-budget federal entitiesTelephonesInterest ratesRural telephone bank