Tuesday March 28, 2017



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, 2016 Dec 31, 2016 184 2.70 0.70 0.70 2.70
Jan 1, 2016 Jun 30, 2016 182 2.70 0.70 0.70 2.70
Jul 1, 2015 Dec 31, 2015 184 2.85 0.85 0.85 2.85
Jan 1, 2015 Jun 30, 2015 181 3.00 1.00 1.00 3.00
Jul 1, 2014 Dec 31, 2014 184 3.00 1.00 1.00 3.00
Jan 1, 2014 Jun 30, 2014 181 3.00 1.00 1.00 3.00
Jul 1, 2013 Dec 31, 2013 184 3.00 1.00 1.00 3.00
Jan 1, 2013 Jun 30, 2013 181 3.00 1.00 1.00 3.00
Jul 1, 2012 Dec 30, 2012 184 3.00 1.00 1.00 3.00
Jan 1, 2012 Jun 30, 2012 182 3.00 1.00 1.00 3.00
Jul 1, 2011 Dec 31, 2011 184 3.00 1.00 1.00 3.00
Jan 1, 2011 Jun 30, 2011 181 3.00 1.00 1.00 3.00
Jul 1, 2010 Dec 31, 2010 184 2.50 0.50 0.50 2.50
Jan 1, 2010 Jun 30, 2010 181 2.25 0.25 0.25 2.25
Jul 1, 2009 Dec 31, 2009 184 2.25 0.25 0.25 2.25
Jan 1, 2009 Jun 30, 2009 181 3.50 1.50 1.50 3.50
Jul 1, 2008 Dec 31, 2008 184 4.75 2.75 2.75 4.75
Jan 1, 2008 Jun 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