Interest Rates; Quarterly Determinations
---
identifier: "/us/fr/03-27017"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Interest Rates; Quarterly Determinations"
title_number: 0
title_name: "Federal Register"
section_number: "03-27017"
section_name: "Interest Rates; Quarterly Determinations"
positive_law: false
currency: "2003-10-27"
last_updated: "2003-10-27"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Small Business Administration"
document_number: "03-27017"
document_type: "notice"
publication_date: "2003-10-27"
agencies:
- "Small Business Administration"
fr_citation: "68 FR 61240"
fr_volume: 68
---
# Interest Rates; Quarterly Determinations
The Small Business Administration publishes an interest rate called the optional “peg” rate (13 CFR 120.214) on a quarterly basis. This rate is a weighted average cost of money to the government for maturities similar to the average SBA direct loan. This rate may be used as a base rate for guaranteed fluctuating interest rate SBA loans. This rate will be 4.375 (4 3/8 ) percent for the October-December quarter of FY 2004.
James E. Rivera,
Associate Administrator for Financial Assistance.