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Postjudgment and Prejudgment Interest for 2013 Determined

Judgement InterestPOSTJUDGMENT INTEREST:  The State Treasurer has certified to the Administrative Director of the Courts that the prime interest rate as listed in the first edition of the Wall Street Journal published for calendar year 2013 is 3.25 percent.  In accordance with 12 O.S. §727.1 (I), the postjudgment interest rate shall be the prime interest rate plus two (2%) percentage points, which equals 5.25 percent.

PREJUDGMENT INTEREST:  In accordance with 12 O.S. §727.1 (I) and (K), the prejudgment interest rate applicable to actions filed on or after January 1, 2010, shall be “a rate equal to the average United States Treasury Bill rate of the preceding calendar year.”  The State Treasurer has certified to the Administrative Director of the Courts that the average United States Treasury Bill rate of the preceding calendar year is 0.09 percent. 

These interest rates will be in effect from Jan. 1, 2013, until the first regular business day of January 2014.

Interest rates listed below for each year prior to the current year were calculated in accordance with the statute in effect for that year.

Interest rates since Jan. 1, 2010, are as follows:

Year Postjudgment Interest Rate Prejudgment Interest Rate
2010 5.25% 0.14%
2011 5.25% 0.13%
2012 5.25% 0.05%
2013 5.25% 0.09%

Interest rates from Nov. 1, 1986, through Dec. 31, 2009, are as follows:

1986 11.65% 1998 9.22%
1987 10.03% 1999 8.87%
1988 9.95% 2000 8.73%
1989 10.92% 2001 9.95%
1990 12.35% 2002 7.48%
1991 11.71% 2003 5.63%
1992 9.58% 2004 5.01%
1993 7.42% 2005 7.25%
1994 6.99% 2006 9.25%
1995 8.31% 2007 10.25%
1996 9.55% 2008 9.25%
1997 9.15% 2009 5.25%

Michael D. Evans
Administrative Director of the Courts