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" ... the higher of (A) 2% per centum per annum, or (B) the total of one-quarter of 1 per centum added to the average annual interest rate on all interest-bearing obligations of the United States then forming a part of the public debt as computed at the... "
Hearings, Reports and Prints of the Senate Committee on Public Works - Page 35
by United States. Congress. Senate. Committee on Public Works - 1963
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Code of Federal Regulations: Containing a Codification of Documents of ...

Administrative law - 1995 - 918 pages
...Office of the President, 1987). See also |123.41(bX4). Old Formula Rate: An interest rate not to exceed the average annual Interest rate on all interest-bearing obligations of the United States then forming a part of the public debt as computed at the end of the fiscal year next preceding the...
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Social Security Revision: Hearings Before the Committee on Finance ..., Part 2

United States. Congress. Senate. Committee on Finance - Old age pensions - 1950 - 1000 pages
...issued directly to the fund must bear interest at a rate ecjual to the average rate of interest borne by all interest-bearing obligations of the United States forming a part of the public debt. They may be issued only if the Managing Trustee determines that the purchase of other obligations is...
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Annual Report of the U.S. Dept. of Health, Education, and Welfare

United States. Department of Health, Education, and Welfare - Education - 1953 - 866 pages
...obligations issued to the trust fund bear interest at a rate equal to the average rate of interest borne by all interest-bearing obligations of the United States forming a part of the public debt (When the average rate is not a multiple of ys of 1 percent, the rate of interest is the multiple of...
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Discussion of Federal Housing Programs

United States. Congress. Senate. Committee on Banking and Currency, United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Housing - Housing - 1955 - 116 pages
...SPARKMAN. It shall not be more than the higher of two. One would be 1% percent per annum or, second, the average annual interest rate on all interest-bearing...the United States forming a part of the public debt adjusted to the nearest one-eighth of 1 percent. Mr. RIEPE. Well, the effect of it Senator SPARKMAN....
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Housing Amendments of 1955: Hearings Before the Committee on Banking and ...

United States. Congress. House. Committee on Banking and Currency - Mortgage guarantee insurance - 1955 - 646 pages
...Secretary of the Treasury which shall not be more than the higher of (1) 2% per centum per annum, or (2) the average annual interest rate on all interestbearing obligations of the United States then forming a part of the public debt as computed at the end of the fiscal year next preceding the...
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Housing Act of 1955, Hearing Before a Subcommitee of ..., 84-1 on S.789, S ...

United States. Congress. Senate. Banking Currency Committee - 1955 - 744 pages
...charged by the Treasury on notes of the Administrator to not more than the higher of -% percent or the average annual interest rate on all interest-bearing obligations of the United States, adjusted annually to the nearest Vis percent, (3) increase the total authorization for loans under...
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Housing Amendments of 1955: Hearings Before ... , 84-1 on H.R. 5827 ...

United States. Congress. House. Banking and Currency Committee - 1955 - 704 pages
...Secretary of the Treasury which shall not be more than the higher of (1) 2% per centum per annum, or (2) the average annual interest rate on all interestbearing obligations of the United States then forming a part of the public debt as computed at the end of the fiscal year next preceding the...
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Housing Amendments of 1956, Hearings Before a Subcommittee of ..., 84-2 ...

United States. Congress. Senate. Committee on Banking and Currency - 1956 - 766 pages
...College Housing Amendments of 1955. Actually, the rate of 2% percent is a floor, not a ceiling. Whenever the average annual interest rate on all interest-bearing obligations of the United States exceeds 2% percent per annum, the rate to be paid by the college or university will be raised accordingly,...
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Hearings, Reports and Prints of the Joint Economic Committee

United States. Congress. Joint Economic Committee - Legislative hearings - 1965 - 534 pages
...The Housing Act of 1950 authorized loans with 50-year maturities at an interest rate not to exceed the average annual interest rate on all interest-bearing obligations of the. United States plus one-fourth of 1 percent. The rate produced by this formula was 3% percent in June 1961; it is...
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Hearings

United States. Congress. House. Committee on Interior and Insular Affairs - 1958 - 1782 pages
...the average rate of interest (ns determined by the Secretary of the Treasury) borne by all marketable Interest-bearing obligations of the United States forming a part of the public debt and issued by the United States during the fifteen flscnl years immediately preceding the fiscal year...
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