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

EUROPEAN CURRENCY UN
(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-DEC-1998 3.46
15-NOV-1998 3.86
15-OCT-1998 4.00
15-SEP-1998 4.15
15-AUG-1998 4.26
15-JUL-1998 4.28
15-JUN-1998 4.42
15-MAY-1998 4.45
15-APR-1998 4.42
15-MAR-1998 4.42
15-FEB-1998 4.55
15-JAN-1998 4.53
15-DEC-1997 4.76
* 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.