market rate of interest

(2) For purposes of financing provided under this section— (A) the term “concessional rate of interest” means any rate of interest which is less than market rates of interest; and (B) the term “market rate of interest” means any rate of interest which is equal to or greater than the current average interest rate (as of the last day of the month preceding the financing of the procurement under this section) that the United States Government pays on outstanding marketable obligations of comparable maturity.

Source

22 USC § 2763(c)(2)

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Scoping language

None identified, default scope is assumed to be the parent (subchapter II) of this section.

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