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The Basic Discount Rate and Basic Loan Rate (Previously Indicated as "Official Discount Rates")

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List of Releases

Table : List of Releases (Percent per annum)
Effective Date Discount Rate of Commercial Bills
and Interest Rates on Loans Secured
by Government Bonds, Specially Designated Securities
and Bills Corresponding to Commercial Bills
Loans Secured
by Other Collateral
Apr. 2, 1973 5.00 5.25
May. 30, 1973 5.50 5.75
Jul. 2, 1973 6.00 6.25
Aug. 29, 1973 7.00 7.25
Dec. 22, 1973 9.00 9.25
Apr. 16, 1975 8.50 8.75
Jun. 7, 1975 8.00 8.25
Aug. 13, 1975 7.50 7.75
Oct. 24, 1975 6.50 6.75
Mar. 12, 1977 6.00 6.25
Apr. 19, 1977 5.00 5.25
Sep. 5, 1977 4.25 4.50
Mar. 16, 1978 3.50 3.75
Apr. 17, 1979 4.25 4.50
Jul. 24, 1979 5.25 5.50
Nov. 2, 1979 6.25 6.50
Feb. 19, 1980 7.25 7.50
Mar. 19, 1980 9.00 9.25
Aug. 20, 1980 8.25 8.50
Nov. 6, 1980 7.25 7.50
Mar. 18, 1981 6.25 6.50
Dec. 11, 1981 5.50 5.75
Oct. 22, 1983 5.00 5.25
Jan. 30, 1986 4.50 4.75
Mar. 1, 1986 4.00 4.25
Apr. 21, 1986 3.50 3.75
Nov. 1, 1986 3.00 3.25
Feb. 23, 1987 2.50 2.75
May. 31, 1989 3.25 3.50
Oct. 11, 1989 3.75 4.00
Dec. 25, 1989 4.25 4.50
Mar. 20, 1990 5.25 5.50
Aug. 30, 1990 6.00 6.25
Jul. 1, 1991 5.50 5.75
Nov. 14, 1991 5.00 5.25
Dec. 30, 1991 4.50 4.75
Apr. 1, 1992 3.75 4.00
Jul. 27, 1992 3.25 3.50
Feb. 4, 1993 2.50 2.75
Sep. 21, 1993 1.75 2.00
Apr. 14, 1995 1.00 1.25
Sep. 8, 1995 0.50 0.75
Effective Date The Basic Discount Rate and Basic Loan Rate
Jan. 4, 2001 0.50
Feb. 13, 2001 0.35
Mar. 1, 2001 0.25
Sep. 19, 2001 0.10
Jul. 14, 2006 0.40
Feb. 21, 2007 0.75
Oct. 31, 2008 0.50
Dec. 19, 2008 0.30
Aug. 1, 2024 0.50
  • The data in this section are revised whenever a rate is changed. However, please note that the rate is not periodically changed, and hence neither is a revision necessarily made.

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