QuestionWhat are long- and short-term prime lending rates available on the Bank's website?
In general, long- and short-term prime lending rates refer to the minimum rate of interest applied to long-term loans of one year or more and short-term loans of less than one year, respectively. These rates are charged by financial institutions on loans to firms with high ratings in their sectors.
On the Bank's website, long-term prime lending rates -- that is, interest rates adopted and released by Mizuho Bank -- are made available. As for short-term prime lending rates, interest rates adopted by the greatest number of city banks in each period as well as the highest and lowest rates have been made available since 1989.