| Quarter: 6/30/2000 July 5, 2000 SUBJECT: Federal Family Education Loan Program Special Allowance Rates for the Quarter Ending June 30, 2000 The Treasury Department has informed me that the average of the bond equivalent rates of the ninety-one day Treasury bills auctioned during the quarter ending June 30, 2000, is 5.94 percent. Further, the average of the bond equivalent rates of the quotes of the 3-month commercial paper (financial) rates in effect for each of the days in the quarter ending June 30, 2000, is 6.66 percent. Attachment A contains the bond equivalent rates of the 91-day Treasury Bills auctioned during the quarter. Attachments B, C & D contain the quarterly special allowance rates computed pursuant to section 438 of the Higher Education Act of 1965, as amended (the Act). Frank Ramos Financial Transactions Financial Partners Attachments Federal Family Education Loan Program Special Allowance Rates for the Quarter Ending June 30, 2000 File Size: 36KB Number of Pages: 13 Requires 4.0 or greater of the free Adobe Acrobat Reader software. |