Lending Rates for Fixed-Rate Single Currency Loans (SCLS)

FRENCH FRANC
(For Loans to Which Invitation to Negotiate
Was Extended Before July 31, 1998)
Lending Rates for Fixed-Rate* Single Currency Loans (SCLs)

---Lending Rate---
Rate FixingStructure Type**
Date3/12**3/9**3/6**
15-DEC-1998 4.45 4.25 4.00
15-NOV-1998 4.77 4.58 4.35
15-OCT-1998 4.85 4.65 4.40
15-SEP-1998 4.83 4.62 4.38
15-AUG-1998 5.16 5.00 4.80
15-JUL-1998 5.24 5.09 4.91
15-JUN-1998 5.44 5.31 5.14
15-MAY-1998 5.60 5.46 5.28
15-APR-1998 5.50 5.37 5.21
15-MAR-1998 5.47 5.31 5.10
15-FEB-1998 5.55 5.38 5.15
15-JAN-1998 5.69 5.51 5.26
15-DEC-1997 5.89 5.73 5.51
15-NOV-1997 6.13 5.95 5.71
15-OCT-1997 6.08 5.91 5.68
15-SEP-1997 5.97 5.72 5.38
15-AUG-1997 5.99 5.74 5.39
15-JUL-1997 5.83 5.53 5.13
15-JUN-1997 5.97 5.68 5.25
15-MAY-1997 5.91 5.62 5.19
15-APR-1997 6.14 5.85 5.40
15-MAR-1997 6.00 5.72 5.32
15-FEB-1997 5.75 5.45 5.01
15-JAN-1997 6.02 5.68 5.17
15-DEC-1996 6.21 5.89 5.40
15-NOV-1996 6.19 5.90 5.45
15-OCT-1996 6.36 6.05 5.58
15-SEP-1996 6.66 6.37 5.93
15-AUG-1996 6.76 6.50 6.12
15-JUL-1996 6.86 6.61 6.23
15-JUN-1996 7.05 6.75 6.38
15-MAY-1996 6.92 6.61 6.21
15-APR-1996 7.06 6.78 6.40
15-MAR-1996 7.20 6.94 6.59
15-FEB-1996 7.01 6.73 6.34
15-JAN-1996 6.97 6.75 6.40
15-DEC-1995 7.29 7.06 6.77
15-NOV-1995 7.51 7.31 7.03
15-OCT-1995 7.96 7.76 7.48
15-SEP-1995 7.73 7.53 7.26
15-AUG-1995 7.73 7.57 7.33
15-JUL-1995 7.87 7.71 7.48
* Some of the lending rates, on dates for which actual rate-fixings have not been done, are indicative only.
** The structure type indicates the grace period and final maturity for each Disbursed Amount of the loan, as approved in the loan agreement. Thus, a "3/12" structure means a grace period of 3 years and a final maturity of 12 years for each Disbursed Amount of the loan whose rate has been fixed.
***INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT