Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

During the Quarter Ending: June -30-2000

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
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Last Modified: 07/05/2000