As of December 2023, the average interest rate on new time deposits of under three million yen of banks in Japan stood at 0.08 percent per annum for time deposits with a maturity of three to less than six months.
Average interest rates on new time deposits of less than three million yen of banks in Japan in 2023, by maturity
Figures of bank accounts of domestic banks which have transactions with the Bank of Japan. Excluding the Resolution and Collection Corporation and the Japan Post Bank.
Excluding time deposits with regulated interest rates.
Calculation method: new deposits during the month are aggregated at intervals of 0.1 percentage point, then the average rate is calculated using the lower rates of the intervals, weighted by the aggregated amount at each interval.
100 Japanese yen equal 0.68 U.S. dollars or 0.63 euros as of February 2024.
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Bank of Japan. (February 7, 2024). Average interest rates on new time deposits of less than three million yen of banks in Japan in 2023, by maturity [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1223159/japan-interest-rates-on-time-deposits-of-less-than-3-million-yen-by-term/
Bank of Japan. "Average interest rates on new time deposits of less than three million yen of banks in Japan in 2023, by maturity." Chart. February 7, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1223159/japan-interest-rates-on-time-deposits-of-less-than-3-million-yen-by-term/
Bank of Japan. (2024). Average interest rates on new time deposits of less than three million yen of banks in Japan in 2023, by maturity. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1223159/japan-interest-rates-on-time-deposits-of-less-than-3-million-yen-by-term/
Bank of Japan. "Average Interest Rates on New Time Deposits of Less than Three Million Yen of Banks in Japan in 2023, by Maturity." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/1223159/japan-interest-rates-on-time-deposits-of-less-than-3-million-yen-by-term/
Bank of Japan, Average interest rates on new time deposits of less than three million yen of banks in Japan in 2023, by maturity Statista, https://www.statista.com/statistics/1223159/japan-interest-rates-on-time-deposits-of-less-than-3-million-yen-by-term/ (last visited December 30, 2024)
Average interest rates on new time deposits of less than three million yen of banks in Japan in 2023, by maturity [Graph], Bank of Japan, February 7, 2024. [Online]. Available: https://www.statista.com/statistics/1223159/japan-interest-rates-on-time-deposits-of-less-than-3-million-yen-by-term/
