Interest rates on time deposits between 3 and 10 million yen Japan 2023, by maturity

Average monthly interest rates on new time deposits of three to less than ten million yen of banks in Japan in 2023, by maturity

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Release date

February 2024

Region

Japan

Survey time period

January to December 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 0.68 U.S. dollars or 0.63 euros as of February 2024.

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