USDA Sets February Interest Rates
WASHINGTON - Feb 3/14 - SNS -- The USDA's Commodity Credit Corporation (CCC) set interest rates for February 2014.
The CCC borrowing rate-based charge for February is 0.125%, unchanged from 0.125% in January.
The interest rate for commodity and marketing assistance loans disbursed during February is 1.125%, unchanged from 1.125% in January.
Interest rates for Farm Storage Facility Loans approved for February are as follows, 2.375% with seven-year loan terms, up from 2.250% in January; 3.00% with 10-year loan terms, up from 2.875% in January and; 3.125% with 12-year loan terms, up from 3.000% in January. The interest rate for 15-year Sugar Storage Facility Loans for February is 3.375%, unchanged from 3.375% in January.
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