Interest rates on time deposits of 10 million yen or more in Japan 2023, by maturity

Published by Statista Research Department, Mar 12, 2024

As of December 2023, the average interest rate on new time deposits of 10 million yen or more of banks in Japan reached 0.07 percent per annum for time deposits with a maturity of two to less than three years. Fixed-term deposits with a maturity of six months to less than one year reached an interest rate of 0.13 percent per annum.

Average monthly interest rates on new time deposits of 10 million yen or more of banks in Japan in 2023, by maturity

Characteristic	3 months to less than 6 months	6 months to less than 1 year	1 year to less than 2 years	2 years to less than 3 years
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

March 2024

More information

Region

Japan

Survey time period

2023

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 0.67 U.S. dollars or 0.61 euros as of March 2024.

Citation formats