Interest Rate on Government-guaranteed Student Loans for the 1st Semester of 2006 Set at 7.05%
- Date 2006-02-01
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□ On February 1, the Ministry of Education and Human Resources Development and KHFC announced the interest rate for government-guaranteed student loans for the first semester of 2006 at 7.05%.
This is a 50 basis-point increase from the previous semester's 7.0%, but it is minimal given that the base rate of five-year government bonds increased 350 basis points over the same period.