Interest rates on time deposits of 3 to 10 million yen Japan 2023-2024, by maturity

Average monthly interest rates on new time deposits of three to less than ten million yen of banks in Japan from January 2023 to August 2024, by maturity

Characteristic3 months to less than 6 months6 months to less than 1 year1 year to less than 2 years2 years to less than 3 years
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Statistic: Average monthly interest rates on new time deposits of three to less than ten million yen of banks in Japan from January 2023 to August 2024, by maturity
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Release date

October 2024

Region

Japan

Survey time period

January 2023 to August 2024

Special properties

values have been rounded

Supplementary notes

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 0.69 U.S. dollars or 0.62 euros as of October 2024.

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