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Interest rates for security deposits for MLPs

Here, you can find security deposit interest rates for Massachusetts MLPs (municipal light plants).

Table of Contents

Current and historical interest rates

Effective Date Interest Rate
January 1, 2023 2.80%
January 1, 2022 0.10%
January 1, 2021 0.37%
January 1, 2020 2.05%
January 1, 2019 2.33%
January 1, 2018 1.20%
January 1, 2017 0.61%
January 1, 2016 0.32%
January 1, 2015 0.12%

Pursuant to G.L. c. 164 Section 58A (11/16/2004), the rate of interest shall be revised annually and shall be equal to yields on Treasury securities at constant, fixed maturity one year rate as published by the Federal Reserve System and as established 12 months ending December of the prior year.

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