In August 2024, the short-term prime lending rate in Japan was about 1.48 percent per annum. The prime lending rate is the most frequent interest rate charged by the majority of city banks (Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation, Resona Bank, and Saitama Resona Bank) on short-term loans to the most creditworthy clients. It serves as the benchmark for variable housing loans rates.
Short-term prime lending rate in Japan from January 2019 to August 2024
Characteristic
Interest rate in percent per annum
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Bank of Japan. (August 12, 2024). Short-term prime lending rate in Japan from January 2019 to August 2024 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1487945/japan-monthly-short-term-prime-lending-rate/
Bank of Japan. "Short-term prime lending rate in Japan from January 2019 to August 2024." Chart. August 12, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1487945/japan-monthly-short-term-prime-lending-rate/
Bank of Japan. (2024). Short-term prime lending rate in Japan from January 2019 to August 2024. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1487945/japan-monthly-short-term-prime-lending-rate/
Bank of Japan. "Short-term Prime Lending Rate in Japan from January 2019 to August 2024." Statista, Statista Inc., 12 Aug 2024, https://www.statista.com/statistics/1487945/japan-monthly-short-term-prime-lending-rate/
Bank of Japan, Short-term prime lending rate in Japan from January 2019 to August 2024 Statista, https://www.statista.com/statistics/1487945/japan-monthly-short-term-prime-lending-rate/ (last visited August 25, 2024)
Short-term prime lending rate in Japan from January 2019 to August 2024 [Graph], Bank of Japan, August 12, 2024. [Online]. Available: https://www.statista.com/statistics/1487945/japan-monthly-short-term-prime-lending-rate/