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Prompt Payment

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
Jul-23 through Dec-23 4.875%  Volume 88, Number 156 /8/15/2023 / Page 55501
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

Last modified 08/15/23