|
Pre & Post Judgment Interest Rates
in British Columbia |
  |
 |
  |
| Date |
Days |
  Prime     Rate   |
Rates Paid
in Funds
R.58 (6) |
Pre-   Judgment  
Interest
Rates |
Post-   Judgment  
Interest
Rates |
| From |
To |
| Jul 1, 2008 |
Dec 31, 2008 |
184 |
4.75 |
2.75 |
2.75 |
4.75 |
| Jan 1, 2008 |
June 30, 2008 |
182 |
6.00 |
4.00 |
4.00 |
6.00 |
| Jul 1, 2007 |
Dec 31, 2007 |
184 |
6.00 |
4.00 |
4.00 |
6.00 |
| Jan 1, 2007 |
Jun 30, 2007 |
181 |
6.00 |
4.00 |
4.00 |
6.00 |
| Jul 1, 2006 |
Dec 31, 2006 |
184 |
6.00 |
4.00 |
4.00 |
6.00 |
| Jan 1, 2006 |
Jun 30, 2006 |
181 |
5.00 |
3.00 |
3.00 |
5.00 |
| Jul 1, 2005 |
Dec 31, 2005 |
184 |
4.25 |
2.25 |
2.25 |
4.25 |
| Jan 1, 2005 |
Jun 30, 2005 |
181 |
4.25 |
2.25 |
2.25 |
4.25 |
| Jul 1, 2004 |
Dec 31, 2004 |
184 |
3.75 |
1.75 |
1.75 |
3.75 |
| Jan 1, 2004 |
Jun 30, 2004 |
182 |
4.50 |
2.50 |
2.50 |
4.50 |
| Jul 1, 2003 |
Dec 31, 2003 |
184 |
5.00 |
3.00 |
3.00 |
5.00 |
| Jan 1, 2003 |
Jun 30, 2003 |
181 |
4.50 |
2.50 |
2.50 |
4.50 |
| Jul 1, 2002 |
Dec 31, 2002 |
184 |
4.25 |
2.25 |
2.25 |
4.25 |
| Jan 1, 2002 |
Jun 30, 2002 |
181 |
4.00 |
2.00 |
2.00 |
4.00 |
| Jul 1, 2001 |
Dec 31, 2001 |
184 |
6.25 |
6.25 |
4.25 |
6.25 |
| Jan 1, 2001 |
Jun 30, 2001 |
181 |
7.50 |
5.50 |
5.50 |
7.50 |
| Jul 1, 2000 |
Dec 31, 2000 |
184 |
7.50 |
5.50 |
5.50 |
7.50 |
| Jan 1, 2000 |
Jun 30, 2000 |
182 |
6.50 |
4.50 |
4.50 |
6.50 |
| Jul 1, 1999 |
Dec 31, 1999 |
184 |
6.25 |
4.25 |
4.25 |
6.25 |
| Jan 1, 1999 |
Jun 30, 1999 |
181 |
6.75 |
4.75 |
4.75 |
6.75 |
| Jul 1, 1998 |
Dec 31, 1998 |
184 |
6.50 |
4.50 |
4.50 |
6.50 |
| Jan 1, 1998 |
Jun 30, 1998 |
181 |
6.00 |
4.00 |
4.00 |
6.00 |
| Jul 1, 1997 |
Dec 31, 1997 |
184 |
4.75 |
2.75 |
2.75 |
4.75 |
| Jan 1, 1997 |
Jun 30, 1997 |
181 |
4.75 |
2.75 |
2.75 |
4.75 |
| Jul 1, 1996 |
Dec 31, 1996 |
184 |
6.50 |
4.50 |
4.50 |
6.50 |
| Jan 1, 1996 |
Jun 30, 1996 |
182 |
7.50 |
5.50 |
5.50 |
7.50 |
| Jul 1, 1995 |
Dec 31, 1995 |
184 |
8.75 |
6.75 |
6.75 |
8.75 |
| Jul 1, 1994 |
Jun 30, 1995 |
365 |
8.00 |
6.00 |
6.00 |
8.00 |
| Jan 1, 1994 |
Jun 30, 1994 |
181 |
5.50 |
3.50 |
3.50 |
5.50 |
| Jul 1, 1993 |
Dec 31, 1993 |
184 |
6.00 |
4.00 |
4.00 |
6.00 |
| Jan 1, 1993 |
Jun 30, 1993 |
181 |
7.25 |
5.25 |
5.25 |
7.25 |
| Oct 1, 1992 |
Dec 31, 1992 |
92 |
6.25 |
4.25 |
4.25 |
7.00 |
| Jul 1, 1992 |
Sep 30, 1992 |
92 |
7.00 |
5.00 |
5.00 |
7.00 |
| Apr 1, 1992 |
Jun 30, 1992 |
91 |
8.25 |
6.25 |
6.00 |
8.00 |
| Jan 1, 1992 |
Mar 31, 1992 |
91 |
8.00 |
6.00 |
6.00 |
5.00 |
| Oct 1, 1991 |
Dec 31, 1991 |
92 |
9.50 |
7.50 |
8.00 |
5.00 |
| Jul 1, 1991 |
Sep 30, 1991 |
92 |
9.75 |
7.75 |
8.00 |
5.00 |
| Apr 1, 1991 |
Jun 30, 1991 |
91 |
11.25 |
9.25 |
9.00 |
5.00 |
| Jan 1, 1991 |
Mar 31, 1991 |
90 |
12.75 |
10.75 |
11.00 |
5.00 |
| Oct 1, 1990 |
Dec 31, 1990 |
92 |
13.75 |
11.75 |
12.00 |
5.00 |
| Jul 1, 1990 |
Sep 30, 1990 |
92 |
14.75 |
12.75 |
13.00 |
5.00 |
| Apr 1, 1990 |
Jun 30, 1990 |
91 |
14.25 |
12.25 |
12.00 |
5.00 |
| Apr 1, 1989 |
Mar 31, 1990 |
365 |
13.50 |
11.50 |
12.00 |
5.00 |
| Jan 1, 1989 |
Mar 31, 1989 |
90 |
12.25 |
10.25 |
10.00 |
5.00 |
| Oct 1, 1988 |
Dec 31, 1988 |
92 |
11.75 |
9.75 |
10.00 |
5.00 |
| Jul 1, 1988 |
Sep 30, 1988 |
92 |
10.75 |
8.75 |
9.00 |
5.00 |
| Jan 1, 1988 |
Jun 30, 1988 |
182 |
9.75 |
7.75 |
8.00 |
5.00 |
| Oct 1, 1987 |
Dec 31, 1987 |
92 |
10.00 |
8.00 |
8.00 |
5.00 |
| Jul 1, 1987 |
Sep 30, 1987 |
92 |
9.50 |
7.50 |
8.00 |
5.00 |
| Apr 1, 1987 |
Jun 30, 1987 |
91 |
8.75 |
6.75 |
7.00 |
5.00 |
| Oct 1, 1986 |
Mar 31,1987 |
182 |
9.75 |
7.75 |
8.00 |
5.00 |
| Jul 1, 1986 |
Sep 30, 1986 |
92 |
10.25 |
8.25 |
8.00 |
5.00 |
| Apr 1, 1986 |
Jun 30, 1986 |
91 |
12.00 |
10.00 |
10.00 |
5.00 |
| Jan 1, 1986 |
Mar 31, 1986 |
90 |
10.00 |
8.00 |
8.00 |
5.00 |
| Oct 1, 1985 |
Dec 31, 1985 |
92 |
10.25 |
8.25 |
8.00 |
5.00 |
| Jul 1, 1985 |
Sep 30, 1985 |
92 |
10.50 |
8.50 |
9.00 |
5.00 |
| Apr 1, 1985 |
Jun 30, 1985 |
91 |
11.25 |
9.25 |
9.00 |
5.00 |
| Jan 1, 1985 |
Mar 31, 1985 |
90 |
11.75 |
9.75 |
10.00 |
5.00 |
| Jul 1, 1984 |
Dec 31, 1984 |
184 |
13.00 |
11.00 |
11.00 |
5.00 |
| Jul 1, 1983 |
Jun 30, 1984 |
366 |
11.00 |
9.00 |
9.00 |
5.00 |
| Apr 1, 1983 |
Jun 30, 1983 |
91 |
11.50 |
9.50 |
10.00 |
5.00 |
| Jan 1, 1983 |
Mar 31, 1983 |
90 |
12.50 |
11.50 |
12.00 |
5.00 |
| Jul 1, 1982 |
Dec 31, 1982 |
184 |
18.25 |
17.25 |
17.00 |
5.00 |
| Jan 1, 1982 |
Jun 30, 1982 |
182 |
16.50 |
15.50 |
16.00 |
5.00 |
| Jul 1, 1981 |
Dec 31, 1981 |
184 |
20.00 |
19.00 |
19.00 |
5.00 |
| Jan 1, 1981 |
Jun 30, 1981 |
181 |
18.25 |
17.25 |
17.00 |
5.00 |
| Jul 1, 1980 |
Dec 31, 1980 |
184 |
13.25 |
12.25 |
12.00 |
5.00 |
| Jan 1, 1980 |
Jun 30, 1980 |
182 |
15.00 |
14.00 |
14.00 |
5.00 |
| Jul 1, 1979 |
Dec 31, 1979 |
184 |
12.00 |
11.00 |
11.00 |
5.00 |
| Jan 1, 1979 |
Jun 30, 1979 |
181 |
11.50 |
10.50 |
11.00 |
5.00 |
| Jul 1, 1978 |
Dec 31, 1978 |
184 |
9.25 |
8.25 |
8.00 |
5.00 |
| Jul 1, 1977 |
Jun 30, 1978 |
365 |
8.25 |
7.25 |
7.00 |
5.00 |
| Jun 1, 1974 |
Jun 30, 1977 |
1126 |
9.75 |
8.75 |
8.75 |
5.00 |
Example:
| Interest = Amount X Interest Rate X No. of Days / 365 |
e.g. For an amount of $1000 with an interest rate 4.25% for the period of 30 days, the interest is calculated as $1000 X 4.25% = $42.50 X 30 days = $1,275.00 / 365 = $3.49 |
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