In November 2024, the basic discount rate and basic loan rate in Japan stood at 0.5 percent per annum. The basic discount and loan rate, formerly the official discount rate, is set by the Bank of Japan and acts as a ceiling for the uncollateralized overnight call rate. Before the liberalization of interest rates in Japan was completed in 1994, it served as the representative policy interest rate.
Basic discount rate and basic loan rate in Japan from January 2017 to November 2024
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Bank of Japan. (December 3, 2024). Basic discount rate and basic loan rate in Japan from January 2017 to November 2024 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1427770/japan-loan-and-discount-rates/
Bank of Japan. "Basic discount rate and basic loan rate in Japan from January 2017 to November 2024." Chart. December 3, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1427770/japan-loan-and-discount-rates/
Bank of Japan. (2024). Basic discount rate and basic loan rate in Japan from January 2017 to November 2024. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1427770/japan-loan-and-discount-rates/
Bank of Japan. "Basic Discount Rate and Basic Loan Rate in Japan from January 2017 to November 2024." Statista, Statista Inc., 3 Dec 2024, https://www.statista.com/statistics/1427770/japan-loan-and-discount-rates/
Bank of Japan, Basic discount rate and basic loan rate in Japan from January 2017 to November 2024 Statista, https://www.statista.com/statistics/1427770/japan-loan-and-discount-rates/ (last visited December 21, 2024)
Basic discount rate and basic loan rate in Japan from January 2017 to November 2024 [Graph], Bank of Japan, December 3, 2024. [Online]. Available: https://www.statista.com/statistics/1427770/japan-loan-and-discount-rates/