Lending Rates for LIBOR-Based Single Currency Loans (SCLS)

FRENCH FRANC
(For Loans to Which Invitation to Negotiate
Was Extended Prior To July 31, 1998~)
Lending Rates for LIBOR-based* Single Currency Loans (SCLs)

Interest Period BeginningLending Rate**
15-JUL-1999 3.01
15-JUN-1999 2.79
15-MAY-1999 2.71
15-APR-1999 2.78
15-MAR-1999 3.17
15-FEB-1999 3.17
15-JAN-1999 3.25
15-DEC-1998 3.40
15-NOV-1998 3.72
15-OCT-1998 3.69
15-SEP-1998 3.69
15-AUG-1998 3.78
15-JUL-1998 3.80
15-JUN-1998 3.84
15-MAY-1998 3.89
15-APR-1998 3.90
15-MAR-1998 3.79
15-FEB-1998 3.80
15-JAN-1998 3.86
15-DEC-1997 3.94
15-NOV-1997 4.01
15-OCT-1997 3.89
15-SEP-1997 3.62
15-AUG-1997 3.70
15-JUL-1997 3.60
15-JUN-1997 3.68
15-MAY-1997 3.66
15-APR-1997 3.59
15-MAR-1997 3.66
15-FEB-1997 3.53
15-JAN-1997 3.53
15-DEC-1996 3.74
15-NOV-1996 3.79
15-OCT-1996 3.91
15-SEP-1996 4.09
15-AUG-1996 4.44
15-JUL-1996 4.19
15-JUN-1996 4.40
15-MAY-1996 4.22
15-APR-1996 4.41
15-MAR-1996 4.58
15-FEB-1996 4.75
15-JAN-1996 5.07
15-DEC-1995 5.78
15-NOV-1995 6.22
15-OCT-1995 6.85
15-SEP-1995 6.00
15-AUG-1995 6.16
15-JUL-1995 6.48
15-JUN-1995 7.17
15-MAY-1995 7.07
15-APR-1995 7.36
15-MAR-1995 8.80
15-FEB-1995 6.29
* Stated on 6MO LIBOR 30/360 day count basis.
** Applicable for disbursed amounts on fixed-rate SCLs prior to rate fixings. For loans negotiated in the current month, annuity-type amortization schedule is developed using the previous six-months average LIBOR-based SCL lending rates.