Interest rates for security deposits for municipal light plants

List of annual interest rates

Annual interest rates for the last 5 years

Effective Date Interest Rate
January 1, 2017 0.61%
January 1, 2016 0.32%
January 1, 2015 0.12%
January 1, 2014 0.13%
January 1, 2013 0.17%
   

Pursuant to G.L. c. 164 § 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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