Judicial Interest Rates
|
YEAR |
RATE |
|
January 1, 2008 to December 31, 2008 |
8.50 percent |
|
January 1, 2007 to December 31, 2007 |
9.50 percent |
|
January 1, 2006 to December 31, 2006 |
8.00 percent |
|
January 1, 2005 to December 31, 2005 |
6.00 percent |
|
January 1, 2004 to December 31, 2004 |
5.25 percent |
|
January 1, 2003 to December 31, 2003 |
4.50 percent |
|
January 1, 2002 to December 31, 2002 |
5.75 percent |
|
January 1, 2001 to December 31, 2001 |
8.241 percent |
|
January 1, 2000 to December 31, 2000 |
7.285 percent |
|
January 1, 1999 to December 31, 1999 |
6.73 percent |
|
January 1, 1998 to December 31, 1998 |
7.60 percent |
|
August 1, 1997 to December 31, 1997 |
7.90 percent |
|
January 1, 1997 to July 31, 1997 |
9.25 percent |
|
January 1, 1996 to December 31, 1996 |
9.75 percent |
|
January 1, 1995 to December 31, 1995 |
8.75 percent |
|
January 1, 1994 to December 31, 1994 |
7.00 percent |
|
January 1, 1993 to December 31, 1993 |
7.00 percent |
|
January 1, 1992 to December 31, 1992 |
9.00 percent |
|
January 1, 1991 to December 31, 1991 |
11.00 percent |
|
January 1, 1990 to December 31, 1990 |
11.50 percent |
|
January 1, 1989 to December 31, 1989 |
11.50 percent |
|
January 1, 1988 to December 31, 1988 |
9.75 percent |
|
September 11, 1981 to December 31, 1987 |
12.00 percent |
|
September 12, 1980 to September 10, 1981 |
10.00 percent |
|
Prior to September 12, 1980 |
7.00 percent |
La.R.S. 13:4202(B), as enacted by Acts 2001, No. 841, charges the Commissioner of Financial Institutions with the responsibility of determining the judicial interest rate as of October 1 of each year in accordance with the formula set out in that statute.
The above calculations of the Judicial Interest Rates are required to be published in the December issues of the Louisiana Register, the December issues of The Louisiana Bar Journal, and seven daily newspapers in Louisiana.
Revised 10/3/06