Interest Rates
The following shows Prompt Payment interest rates in effect from January 2017 ‐ June 2023. View rates from 1980-2016. Also see the Current Value of Funds Rate.
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| Date Period | Interest Rate | Federal Register |
|---|---|---|
| Jan-23 through Jun-23 | 4.625% | Volume 88, Number 21 /2/1/2023 / Page 6812 |
| Jul-22 through Dec-22 | 4.000% | Volume 87, Number 146 /8/1/2022 / Page 47034 |
| Jan-22 through Jun-22 | 1.625% | Volume 87, Number 8 /1/12/2022 / Page 1839 |
| Jul-21 through Dec-21 | 1.125% | Volume 86, Number 138, 07/22/2021, page 38813 |
| Jan-21 through Jun-21 | 0.875% | Volume 86, Number 17, 01/28/2021, page 7457 |
| Jul-20 through Dec-20 | 1.125% | Volume 85, Number 133, 07/10/20, page 41671 |
| Jan-20 through Jun-20 | 2.125% | Volume 84, Number 249, 12/30/2019, page 72139 |
| Jul-19 through Dec-19 | 2.625% | Volume 84, Number 208, 10/28/2019, page 57809 |
| Jan-19 through Jun-19 | 3.625% | |
| Jul-18 through Dec-18 | 3.500% | Volume 83, Number 184, 09/21/2018, page 47970 |
| Jan-18 through Jun-18 | 2.625% | Volume 83, Number 14, 01/22/2018, page 3052 |
| Jul-17 through Dec-17 | 2.375% | Volume 82, Number 140, 07/24/2017, page 34348 |
| Jan-17 through Jun-17 | 2.500% | Volume 82, Number 2, 01/04/2017, page 910 |