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Judgments and decrees interest rate set

Regular News

The Office of the Chief Financial Officer has set the quarterly rate of interest payable on judgments and decrees beginning October 1, 2019, at 6.89 percent per annum or .000188767 per day.

F.S. §55.03(1) requires the CFO to set the rate of interest payable on judgments and decrees on December 1, March 1, June 1, and September 1 of each year for the following applicable quarter. Last quarter, the interest rate was 6.77 percent.

Contact the Vendor Ombudsman Section within the Bureau of Vendor Relations at 850-413-5516 for additional information.  The above information can also be found on the Department of Financial Services’ website at www.myfloridacfo.com/aadir/interest.htm.