Memo from the Idaho State Treasurer’s Office Re: Legal Rate of Interest for FY2022

The rate of interest on money due on judgments for fiscal year 2022 is 5.125%. Computation: Idaho Code 28-22-104. For the breakdown of the computation and the history of past rates, please visit the website of the Idaho State Treasurer’s Office at https://sto.idaho.gov/Banking/Legal-Rate-of-Interest .

This rate of interest will be in effect from July 1, 2021 through June 30, 2022. The new rate will be announced by July 1st of each succeeding year.

Julie A Ellsworth

Idaho State Treasurer

IdahoTreasurer@sto.idaho.gov