In November 2024, the short-term prime lending rate in Japan was about 1.63 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 November 2024
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Bank of Japan. (November 14, 2024). Short-term prime lending rate in Japan from January 2019 to November 2024 [Graph]. In Statista. Retrieved November 19, 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 November 2024." Chart. November 14, 2024. Statista. Accessed November 19, 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 November 2024. Statista. Statista Inc.. Accessed: November 19, 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 November 2024." Statista, Statista Inc., 14 Nov 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 November 2024 Statista, https://www.statista.com/statistics/1487945/japan-monthly-short-term-prime-lending-rate/ (last visited November 19, 2024)
Short-term prime lending rate in Japan from January 2019 to November 2024 [Graph], Bank of Japan, November 14, 2024. [Online]. Available: https://www.statista.com/statistics/1487945/japan-monthly-short-term-prime-lending-rate/