7 CFR §1740.42
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Interest rates for the different funding options that will become available will be included in the Federal Register as part of the funding announcement opening a funding window.
- (a)Direct cost-of-money loans shall bear interest at a rate equal to the cost of borrowing to the Department of Treasury for obligations of comparable maturity.
- (b)The agency may offer 100 percent loans at a reduced interest rate, and in such cases, the applicable interest rate will be stated in the Federal Register or applicable funding opportunity notice.