Subject: USDA Changes Guarantee Fee Rates for the GSM-102 Program
WASHINGTON, April 19, 2010 – The U.S. Department of Agriculture today announced new guarantee fee rates to be charged for coverage under the Commodity Credit Corporation’s Export Credit Guarantee Program (GSM-102). These new guarantee fee rates will apply to applications for payment guarantees and amendment requests received on or after April 20, 2010, 12:01 a.m. (Eastern Time).
The listing of guarantee fee rates is available on the Internet at http://www.fas.usda.gov/excredits/gsm102fees.html.
These new guarantee fee rates are issued in accordance with 7 C.F.R. Section 1493.70(a) and will be in effect until further notice. Program participants are advised that guarantee fee rates may change at any time. Future modifications to guarantee fee rates will be made available on the Web site noted above as applicable.
This notice supersedes PR# 0093-05, issued June 30, 2005.
POINTS OF CONTACT
For further information, contact the Credit Programs Division of FAS at (202) 720-6211, or by e-mail at AskGSM@fas.usda.gov.
FAS news releases are available on the Internet at http://www.fas.usda.gov.