In October 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 October 2024
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Bank of Japan. (October 17, 2024). Short-term prime lending rate in Japan from January 2019 to October 2024 [Graph]. In Statista. Retrieved October 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 October 2024." Chart. October 17, 2024. Statista. Accessed October 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 October 2024. Statista. Statista Inc.. Accessed: October 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 October 2024." Statista, Statista Inc., 17 Oct 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 October 2024 Statista, https://www.statista.com/statistics/1487945/japan-monthly-short-term-prime-lending-rate/ (last visited October 19, 2024)
Short-term prime lending rate in Japan from January 2019 to October 2024 [Graph], Bank of Japan, October 17, 2024. [Online]. Available: https://www.statista.com/statistics/1487945/japan-monthly-short-term-prime-lending-rate/