261 Neb. Admin. Code, ch. 1, § 004
The rate of interest payable on loans from the Fund will be determined annually prior to October 1 of each fiscal year. Such rate of interest is computed by averaging the yields, as determined by a readily available state and local bond index, such as the state and local bond rates available from the Federal Reserve System, Board of Governors issued nationally for the three previous fiscal years and by rounding off such average to the nearest one-eighth percent. The rate of interest payable on a loan for a specific program, project and/or activity is the rate in effect for the fiscal year in which the Commission approves the program, project and/or activity for a loan allocation. Such rate will remain in effect throughout the repayment period determined to be appropriate for such program, project and/or activity.
261 Neb. Admin. Code, ch. 1, § 004