Bank Lending Rate in Japan remained unchanged at 0.95 percent in January from 0.95 percent in December of 2019. Japan Long Term Prime Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Bank Lending Rate in Japan averaged 4.93 percent from 1966 until 2020, reaching an all time high of 9.90 percent in October of 1974 and a record low of 0.90 percent in August of 2016. This page provides - Japan Long Term Prime Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Bank of Japan

Bank Lending Rate in Japan is expected to be 0.95 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Japan to stand at 0.95 in 12 months time. In the long-term, the Japan Long Term Prime Rate is projected to trend around 0.95 percent in 2021 and 1.15 percent in 2022, according to our econometric models.

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Japan Long Term Prime Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.95 0.95 9.90 0.90 1966 - 2020 percent Monthly

Japan Long Term Prime Rate
In Japan, the Long Term Prime Rate is the average rate of interest charged on loans by commercial banks to private individuals and companies. The Long Term Prime Rate is adopted and released by Mizuho Corporate Bank.