In August 2024, the basic discount rate and basic loan rate in Japan stood at 0.5 percent per annum. The basic discount and loan rate, formerly the official discount rate, is set by the Bank of Japan and acts as a ceiling for the uncollateralized overnight call rate. Before the liberalization of interest rates in Japan was completed in 1994, it served as the representative policy interest rate.
Basic discount rate and basic loan rate in Japan from January 2017 to August 2024
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Bank of Japan. (September 24, 2024). Basic discount rate and basic loan rate in Japan from January 2017 to August 2024 [Graph]. In Statista. Retrieved October 04, 2024, from https://www.statista.com/statistics/1427770/japan-loan-and-discount-rates/
Bank of Japan. "Basic discount rate and basic loan rate in Japan from January 2017 to August 2024." Chart. September 24, 2024. Statista. Accessed October 04, 2024. https://www.statista.com/statistics/1427770/japan-loan-and-discount-rates/
Bank of Japan. (2024). Basic discount rate and basic loan rate in Japan from January 2017 to August 2024. Statista. Statista Inc.. Accessed: October 04, 2024. https://www.statista.com/statistics/1427770/japan-loan-and-discount-rates/
Bank of Japan. "Basic Discount Rate and Basic Loan Rate in Japan from January 2017 to August 2024." Statista, Statista Inc., 24 Sep 2024, https://www.statista.com/statistics/1427770/japan-loan-and-discount-rates/
Bank of Japan, Basic discount rate and basic loan rate in Japan from January 2017 to August 2024 Statista, https://www.statista.com/statistics/1427770/japan-loan-and-discount-rates/ (last visited October 04, 2024)
Basic discount rate and basic loan rate in Japan from January 2017 to August 2024 [Graph], Bank of Japan, September 24, 2024. [Online]. Available: https://www.statista.com/statistics/1427770/japan-loan-and-discount-rates/