Interest rates on new time deposits of three to six months Japan 2014-2023, by amount

Published by Statista Research Department, Mar 12, 2024

In 2023, the average interest rate for new time deposits of three to less than 10 million Japanese yen with a maturity of three to less than six months in Japan stood at about 0.14 percent per annum. The average interest rate decreased by 0.01 percentage points year on year for all deposited amounts.

Average interest rates on new fixed-term deposits with a maturity of three to less than six months in Japan from 2014 to 2023, by deposited amount

Characteristic	Less than three million yen	Three to less than 10 million yen	10 million yen or more
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Release date

March 2024

More information

Region

Japan

Survey time period

2014 to 2023

Special properties

values have been rounded

Supplementary notes

Figures of bank accounts of domestically licensed banks which have transactions with the Bank of Japan. Excluding the Resolution and Collection Corporation, Kii Deposit Management Bank, the Bridge Bank of Japan, the Second Bridge Bank of Japan, and the Japan Post Bank.
Excluding time deposits with regulated interest rates.
According to the source, the average rate is calculated using the lower rates of the intervals, weighted by the aggregated amount at each interval after new deposits during the month are aggregated at intervals of 0.1 percentage points.
Annual figures are simple averages of monthly figures.

100 Japanese yen equal 0.67 U.S. dollars or 0.61 euros as of March 2024.

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