Press Release-Telecom
March 7, 2011
 

Interest Rates Adopted After Reviews of Interest Rates concerning Local Public Body Loans for Postal Savings Assets and Postal Life Insurance Assets
 

The Ministry of Internal Affairs and Communications (MIC) has decided to adopt the interest rates outlined below, having reviewed interest rates concerning local public body loans for postal savings assets and postal life insurance assets, and has notified the Management Organization for Postal Savings and Postal Life Insurance of these rates.


Date of adoption: March 9, 2011


(5-year interest rate review system)                    (Units: %)
Loan period Grace period
None Up to 1 year Between 1 and 2 years Between 2 and 3 years Between 3 and 4 years Between 4 and 5 years
Between 5 and 6 years 0.2 0.2 0.2 0.2 0.2 0.2
Between 6 and 7 years 0.2 0.2 0.2 0.2 0.2 0.2
Between 7 and 8 years 0.3 0.3 0.3 0.3 0.3 0.3
Between 8 and 9 years 0.4 0.4 0.4 0.4 0.4 0.4
Between 9 and 10 years 0.4 0.4 0.4 0.4 0.4 0.4
Between 10 and 11 years 0.5 0.5 0.5 0.5 0.5 0.5
Between 11 and 12 years 0.5 0.5 0.5 0.5 0.5 0.5
Between 12 and 13 years 0.5 0.5 0.5 0.5 0.5 0.5
Between 13 and 14 years 0.5 0.5 0.5 0.5 0.5 0.5
Between 14 and 15 years 0.5 0.5 0.5 0.5 0.5 0.5
Between 15 and 16 years 0.5 0.5 0.5 0.5 0.5 0.5
Between 16 and 17 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 17 and 18 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 18 and 19 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 19 and 20 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 20 and 21 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 21 and 22 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 22 and 23 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 23 and 24 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 24 and 25 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 25 and 26 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 26 and 27 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 27 and 28 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 28 and 29 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 29 and 30 years 0.6 0.6 0.6 0.6 0.6 0.6

  Note: The interest rates detailed in this table are adopted according to initial loan periods and grace periods.


(10-year interest rate review system)                   (Units: %)
Loan period Grace period
None Up to 1 year Between 1 and 2 years Between 2 and 3 years Between 3 and 4 years Between 4 and 5 years
Between 10 and 11 years 0.2 0.2 0.2 0.2 0.2 0.2
Between 11 and 12 years 0.2 0.2 0.2 0.2 0.2 0.2
Between 12 and 13 years 0.3 0.3 0.3 0.3 0.3 0.3
Between 13 and 14 years 0.4 0.4 0.4 0.4 0.4 0.4
Between 14 and 15 years 0.4 0.4 0.4 0.4 0.4 0.4
Between 15 and 16 years 0.5 0.5 0.5 0.5 0.5 0.5
Between 16 and 17 years 0.6 0.6 0.6 0.6 0.6 0.6
Between 17 and 18 years 0.7 0.7 0.7 0.7 0.7 0.7
Between 18 and 19 years 0.8 0.8 0.8 0.8 0.8 0.8
Between 19 and 20 years 0.9 0.9 0.9 0.9 0.9 0.9
Between 20 and 21 years 1.0 1.0 1.0 1.0 1.0 1.0
Between 21 and 22 years 1.0 1.0 1.0 1.0 1.0 1.0
Between 22 and 23 years 1.0 1.0 1.0 1.0 1.0 1.0
Between 23 and 24 years 1.1 1.1 1.1 1.1 1.1 1.1
Between 24 and 25 years 1.1 1.1 1.1 1.1 1.1 1.1
Between 25 and 26 years 1.1 1.1 1.1 1.1 1.1 1.1
Between 26 and 27 years 1.1 1.1 1.1 1.1 1.1 1.1
Between 27 and 28 years 1.1 1.1 1.1 1.1 1.1 1.1
Between 28 and 29 years 1.2 1.2 1.2 1.2 1.2 1.2
Between 29 and 30 years 1.2 1.2 1.2 1.2 1.2 1.2

  Note: The interest rates detailed in this table are adopted according to initial loan periods and grace periods.





+++++++++++++++
For further information about this press release, please fill in the inquiry form and submit it to MIC on the website
http://www.soumu.go.jp/joho_tsusin/eng/contact.html

International Policy Division,
Global ICT Strategy Bureau, MIC
TEL: +81 3 5253 5374 / FAX: +81 3 5253 5924