Notice of One-Year
Treasury Constant Maturity Index for Calculation
on Certain Judgments
This certification of the most recent one-year
treasury constant maturity index published by the Federal Reserve in the H15
Report is distributed to the courts in conformance with Iowa Code Section
(2017). The average
yield during the most recent month for securities included in the one-year
treasury constant maturity index was 1.35 percent. This notice will be updated and distributed
There are four general categories
of actions and applicable interest rates.
The following is intended to serve only as a guide. For the interest rate applicable in a
specific case, parties should check the appropriate section of the Code.
FILED AFTER JULY 1, 1997.
treasury constant maturity index rate plus two percent shall be the rate of
interest on actions filed after July 1, 1997 (including actions filed pursuant
to Iowa Code Chapter 668). See 1997 Iowa
Acts H.F. 693 Sections 2, 14, 16 (amending Iowa Code Sections 535.3 and
668.13(3)). Exceptions remain for child
support, spousal support, and medical payments.
See Iowa Code section 535.3(2) and 1997 Iowa Acts. H.F. 693, Section 4.
668 ACTIONS FILED ON OR AFTER SEPTEMBER 15, 1987 AND BEFORE
JULY 1, 1997.
Pursuant to Section 668.13(3) and
1997 Iowa Acts H.F. 693, the one-year treasury constant maturity index rate
applies to actions brought pursuant to Chapter 668 and:
1. Accruing on or after July 1,
1987, and filed before July 1, 1997; and
2. Accruing before July 1,
1987, and filed on or after September 15, 1987, but before July 1, 1997.
668 ACTIONS FILED BEFORE SEPTEMBER 15, 1987.
A ten percent rate of interest
shall apply to Chapter 668 actions filed before September 15, 1987. 1987 Iowa Acts. Ch. 157, Sections 8, 11; Iowa
Code Section 535.3 (1987).
(OTHER THAN CHAPTER 668 ACTIONS) FILED BEFORE JULY 1, 1997.
actions other than Chapter 668 actions filed before July 1, 1997, interest
shall be allowed on all money due on judgments and decrees at the rate of ten
percent per year. Iowa Code Section