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 on the first business day of 2009 is 3.25 percent. In accordance with 12 O.S. 2004 Supp. §727.1[I], two (2%) percentage points are added to the prime interest rate. Therefore, the interest rate to be charged on judgments in accordance with 12 O.S. §727.1 [I], for the calendar year 2009 shall be 5.25 percent. This interest rate will be in effect from January 1, 2009 until the first regular business day of January, 2010.
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 November 1, 1986 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
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