43 CFR § 1882.5-2 - Interest rate.

---
identifier: "/us/cfr/t43/s1882.5-2"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "43 CFR § 1882.5-2 - Interest rate."
title_number: 43
title_name: "Public Lands: Interior"
section_number: "1882.5-2"
section_name: "Interest rate."
chapter_name: "BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR"
subchapter_number: "A"
subchapter_name: "GENERAL MANAGEMENT (1000)"
part_number: "1880"
part_name: "FINANCIAL ASSISTANCE, LOCAL GOVERNMENTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
cfr_part: "1880"
---


# 1882.5-2 Interest rate.

Loans shall bear interest at a rate equivalent to the lowest interest rate paid on an issue of at least $1 million of bonds exempt from Federal taxes of the applicant State or any agency thereof within the calendar year immediately preceding the year of the loan. Proof of each rate shall be furnished by an applicant with its application.