In June 2025, the long-term prime lending rate in Japan was **** percent per annum. The long-term prime lending rate is an interest rate for long-term loans of one year or more to companies with high credit ratings set by Mizuho Bank.

Bank Lending Rate in Japan increased to 2.25 percent in June from 2.05 percent in May of 2025. This dataset provides - Japan Long Term Prime Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Japan Bank Lending Rate

• Japan Bank Lending Rate was reported at 1.625 % pa in Feb 2025.
• This stayed constant from the previous number of 1.625 % pa for Jan 2025.
• Japan Bank Lending Rate data is updated monthly, averaging 1.625 % pa from Jan 1971 to Feb 2025, with 650 observations.
• The data reached an all-time high of 9.250 % pa in Jul 1980 and a record low of 1.375 % pa in Jul 2006.
• Japan Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

In December 2024, the short-term prime lending rate in Japan was about **** percent per annum. The prime lending rate is the most frequent interest rate charged by the majority of city banks on short-term loans to the most creditworthy clients.

As of December 2024, the long-term prime lending rate in Japan was *** percent per annum. The long-term prime lending rate is an interest rate for long-term loans of one year or more to companies with high credit ratings set by Mizuho Bank.

Japan Prime Lending Rate: Long Term: Month End data was reported at 1.000 % pa in Nov 2018. This stayed constant from the previous number of 1.000 % pa for Oct 2018. Japan Prime Lending Rate: Long Term: Month End data is updated monthly, averaging 4.500 % pa from Jan 1970 (Median) to Nov 2018, with 587 observations. The data reached an all-time high of 9.900 % pa in Jul 1975 and a record low of 0.900 % pa in Jul 2016. Japan Prime Lending Rate: Long Term: Month End data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.M001: Discount, Prime Lending, Call and Policy Rate.

Japan Discount Rate and Loan Rate: Basic data was reported at 0.750 % pa in Apr 2025. This stayed constant from the previous number of 0.750 % pa for Mar 2025. Japan Discount Rate and Loan Rate: Basic data is updated monthly, averaging 3.750 % pa from Jan 1950 (Median) to Apr 2025, with 904 observations. The data reached an all-time high of 9.000 % pa in Jul 1980 and a record low of 0.100 % pa in Jun 2006. Japan Discount Rate and Loan Rate: Basic data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.M: Discount, Prime Lending, Call and Policy Rate.

The benchmark interest rate in Japan was last recorded at 0.50 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Japan Call Rate: Collateralized: Overnight: Month Average data was reported at 0.001 % pa in Apr 2016. This stayed constant from the previous number of 0.001 % pa for Mar 2016. Japan Call Rate: Collateralized: Overnight: Month Average data is updated monthly, averaging 4.594 % pa from Jan 1960 (Median) to Apr 2016, with 676 observations. The data reached an all-time high of 13.481 % pa in Aug 1974 and a record low of 0.001 % pa in Apr 2016. Japan Call Rate: Collateralized: Overnight: Month Average data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.M001: Discount, Prime Lending, Call and Policy Rate.

In June 2025, the median interest rate on variable rate housing loans set by city banks in Japan stood at about **** percent per annum. In October 2024, the rate had increased for the first time in over a decade. The short-term prime lending rate serves as a benchmark for adjustable rate home loan rates.

Japan Call Rate: Uncollateralized: 2 Months: Month Average data was reported at -0.025 % pa in Oct 2018. This records a decrease from the previous number of -0.015 % pa for Sep 2018. Japan Call Rate: Uncollateralized: 2 Months: Month Average data is updated monthly, averaging 0.520 % pa from Jan 1989 (Median) to Oct 2018, with 301 observations. The data reached an all-time high of 8.463 % pa in Sep 1990 and a record low of -0.045 % pa in Jul 2017. Japan Call Rate: Uncollateralized: 2 Months: Month Average data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.M001: Discount, Prime Lending, Call and Policy Rate.

In 2024, the three-month interest rate in Japan reached **** percent. The three-month interest rate is the rate at which a prime bank is willing to lend funds to another prime bank for three months. It is a reference for short-term interest rates in the money market.

Interest rate spread of Japan slumped by 9.54% from 0.74 % in 2016 to 0.67 % in 2017. Since the 5.56% surge in 2014, interest rate spread sank by 16.24% in 2017. Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.

Japan Call Rate: Uncollateralized: 3 Month data was reported at -0.030 % pa in Oct 2018. This records a decrease from the previous number of 0.070 % pa for Sep 2018. Japan Call Rate: Uncollateralized: 3 Month data is updated monthly, averaging 0.353 % pa from Jan 1989 (Median) to Oct 2018, with 333 observations. The data reached an all-time high of 8.563 % pa in Sep 1990 and a record low of -0.030 % pa in Oct 2018. Japan Call Rate: Uncollateralized: 3 Month data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.M001: Discount, Prime Lending, Call and Policy Rate.

In May 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in May 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

The Japan car loan market, valued at $49.92 million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 8.07% from 2025 to 2033. This expansion is driven by several factors. Increasing vehicle ownership, particularly among younger demographics, fuels demand for financing options. Furthermore, the rise of competitive financing schemes from diverse providers – including banks, Non-Banking Financial Companies (NBFCs), credit unions, and fintech companies – is enhancing accessibility and attracting borrowers. The market is segmented by vehicle type (passenger and commercial), ownership (new and used), provider type, and loan tenure (less than three years, 3-5 years, and more than 5 years). The presence of established players like Toyota Financial Services Corporation alongside diverse financial institutions indicates a dynamic and competitive landscape. The steady economic growth in Japan, coupled with government initiatives promoting vehicle sales, further contributes to the market's positive trajectory. The used car market segment, particularly, is expected to see significant growth as affordability becomes a key consideration for many buyers. While the market exhibits strong growth potential, certain challenges remain. Fluctuations in interest rates and economic uncertainties could impact borrowing rates and consumer confidence, potentially affecting loan demand. Furthermore, regulatory changes within the financial sector could influence lending practices and overall market activity. However, the continued innovation within the financial technology sector and the evolving preferences of Japanese consumers suggest that the market will adapt and navigate these challenges effectively, maintaining its positive growth trajectory over the forecast period. The consistent expansion of the Japanese economy, combined with increased consumer spending, ensures continued growth within the automotive finance sector. Recent developments include: July 2023: Japanese prime auto loan issuer was to raise USD 251.6 million in U.S. ABS. OSCAR US Funding XV LLC is issuing three classes of notes totaling USD 251.6 million for OSCAR US 2023-1 with final maturities ranging from 2024 to 2027., June 2023: Mitsubishi UFJ Financial Group has agreed to acquire Indonesian auto loan provider Mandala Multifinance for USD 467 million to expand its presence in Asia and tap into emerging middle-class consumers in the region.. Key drivers for this market are: Increasing Consumer Demand for Vehicles. Potential restraints include: Increasing Consumer Demand for Vehicles. Notable trends are: Passenger Cars in Japan Market.

Japan Call Rate: Uncollateralized: 3 Months: Month Average data was reported at 0.062 % pa in Oct 2018. This records an increase from the previous number of 0.030 % pa for Sep 2018. Japan Call Rate: Uncollateralized: 3 Months: Month Average data is updated monthly, averaging 0.330 % pa from Jan 1989 (Median) to Oct 2018, with 333 observations. The data reached an all-time high of 8.520 % pa in Sep 1990 and a record low of -0.020 % pa in May 2018. Japan Call Rate: Uncollateralized: 3 Months: Month Average data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.M001: Discount, Prime Lending, Call and Policy Rate.

Japan Call Rate: Uncollateralized: 1 Week: Month Average data was reported at -0.026 % pa in Oct 2018. This stayed constant from the previous number of -0.026 % pa for Sep 2018. Japan Call Rate: Uncollateralized: 1 Week: Month Average data is updated monthly, averaging 0.148 % pa from Jan 1989 (Median) to Oct 2018, with 358 observations. The data reached an all-time high of 8.458 % pa in Mar 1991 and a record low of -0.048 % pa in Jul 2018. Japan Call Rate: Uncollateralized: 1 Week: Month Average data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.M001: Discount, Prime Lending, Call and Policy Rate.

Canada's inflation rate experienced significant fluctuations from 2018 to 2025. Inflation peaked at *** percent in June 2022 before steadily declining to *** percent by December 2024. In early 2025, inflation began to increase again, rising to *** percent in February, and dropping to *** percent in March. In response to rising inflation between 2020 and 2022, the Bank of Canada implemented aggressive interest rate hikes. The bank rate reached a maximum of **** percent in July 2023 and remained stable until June 2024. As inflationary pressures eased in the second half of 2024, the central bank reduced interest rates to *** percent in December 2024. In 2025, the bank rate witnessed two cuts, standing at ***** percent in May 2025. This pattern reflected broader global economic trends, with most advanced and emerging economies experiencing similar inflationary challenges and monetary policy adjustments. Global context of inflation and interest rates The Canadian experience aligns with the broader international trend of central banks raising policy rates to combat inflation. Between 2021 and 2023, nearly all advanced and emerging economies increased their central bank rates. However, a shift occurred in the latter half of 2024, with many countries, including Canada, beginning to lower rates. This change suggests a new phase in the global economic cycle and monetary policy approach. Notably, among surveyed countries, Russia maintained the highest interest rate in early 2025, while Japan had the lowest rate. Comparison with the United States The United States experienced a similar trajectory in inflation and interest rates. U.S. inflation peaked at *** percent in June 2022, slightly higher than Canada's peak. The Federal Reserve responded with a series of rate hikes, reaching **** percent in August 2023. This rate remained unchanged until September 2024, when the first cut since September 2021 was implemented. In contrast, Canada's bank rate peaked at **** percent and began decreasing earlier, with cuts in June and July 2024. These differences highlight the nuanced approaches of central banks in managing their respective economies amid global inflationary pressures.

Key information about Japan Short Term Interest Rate

• Japan Short Term Interest Rate: Month End: TIBOR: Japanese Yen: 3 Months was reported at 0.79 % pa in Feb 2025, compared with 0.77 % pa in the previous month.
• Japan Short Term Interest Rate data is updated monthly, available from Jan 1997 to Feb 2025.
• The data reached an all-time high of 1.16 % pa in Dec 1997 and a record low of 0.05 % pa in Nov 2022.
• Short Term Interest Rate is reported by reported by JBA TIBOR Administration.

• In the latest reports, Japan Bonds Yield: Government Bonds: Newly Issued: 10 Years: Month End was reported at 1.24 % pa in Jan 2025.
• The cash rate (Policy Rate: Month End: Japan: Complementary Deposit Facility Interest Rate) was set at -0.10 % pa in Jun 2023.
• Japan Exchange Rate against USD averaged 141.36 (USD/JPY) in Jun 2023.