Section 1740.42 - Interest ratesInterest 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.