Annual interest rates for the last 5 years
|Effective Date||Interest Rate|
|January 1, 2018||1.40%|
|January 1, 2017||0.83%|
|January 1, 2016||0.69%|
|January 1, 2015||0.46%|
|January 1, 2014||0.31%|
|January 1, 2013||0.28%|
Pursuant to 220 CMR. 26.09 (b), the rate of interest shall be the equivalent of the rate paid on two-year, United States Treasury notes for the preceding 12 months ending December 31 of any year.
All cash or cash-equivalent security deposits held for more than six months from the date of deposit shall be paid interest thereon, commencing from the date of payment to the date of refund.