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Review of Rural Telephone Bank 1995 Loan Interest Rate Calculation

AIMD-96-18 Published: Nov 16, 1995. Publicly Released: Nov 16, 1995.
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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) 1995; and (2) for 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