In September 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 September 2024
Characteristic
Interest rate in percent per annum
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Bank of Japan. (September 2, 2024). Short-term prime lending rate in Japan from January 2019 to September 2024 [Graph]. In Statista. Retrieved September 08, 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 September 2024." Chart. September 2, 2024. Statista. Accessed September 08, 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 September 2024. Statista. Statista Inc.. Accessed: September 08, 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 September 2024." Statista, Statista Inc., 2 Sep 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 September 2024 Statista, https://www.statista.com/statistics/1487945/japan-monthly-short-term-prime-lending-rate/ (last visited September 08, 2024)
Short-term prime lending rate in Japan from January 2019 to September 2024 [Graph], Bank of Japan, September 2, 2024. [Online]. Available: https://www.statista.com/statistics/1487945/japan-monthly-short-term-prime-lending-rate/
