September 29, 2022 Applicable Interest Rates after Review of Interest Rates for Local Government Loans of Postal Savings Assets and Simple Life Insurance Assets

The Ministry of Internal Affairs and Communications (MIC) has decided on the applicable interest rates for postal savings assets and simple life insurance assets after reviewing the interest rates for local government loans and notified the Organization for Postal Savings, Postal Life Insurance and Post Office Network of the same.

Effective from: October 1, 2022

[Review of five-year interest rates]
[Unit: %]

Loan period	Deferment period
	N/A	Within one year	Over one year and up to two years	Over two and up to three years	Over three and up to four years	Over four and up to five years
Over 15 and up to 16 years	0.002	0.002	0.002	0.002	0.002	0.002
Over 16 and up to 17 years	0.004	0.004	0.004	0.004	0.004	0.004
Over 17 and up to 18 years	0.006	0.006	0.006	0.006	0.006	0.006
Over 18 and up to 19 years	0.007	0.007	0.007	0.007	0.007	0.007
Over 19 and up to 20 years	0.03	0.03	0.03	0.03	0.03	0.03
Over 20 and up to 21 years	0.05	0.05	0.05	0.05	0.05	0.05
Over 21 and up to 22 years	0.05	0.05	0.05	0.05	0.05	0.05
Over 22 and up to 23 years	0.06	0.06	0.06	0.06	0.06	0.06
Over 23 and up to 24 years	0.06	0.06	0.06	0.06	0.06	0.06
Over 24 and up to 25 years	0.07	0.07	0.07	0.07	0.07	0.07
Over 25 and up to 26 years	0.07	0.07	0.07	0.07	0.07	0.07
Over 26 and up to 27 years	0.07	0.07	0.07	0.07	0.07	0.07
Over 27 and up to 28 years	0.07	0.07	0.07	0.07	0.07	0.07
Over 28 and up to 29 years	0.07	0.07	0.07	0.07	0.07	0.07
Over 29 and up to 30 years	0.07	0.07	0.07	0.07	0.07	0.07

[Review of ten-year interest rates]
[Unit: %]

Loan period	Deferment period
	N/A	Within one year	Over one year and up to two years	Over two and up to three years	Over three and up to four years	Over four and up to five years
Over 20 and up to 21 years	0.002	0.002	0.002	0.002	0.002	0.002
Over 21 and up to 22 years	0.004	0.004	0.004	0.004	0.004	0.004
Over 22 and up to 23 years	0.006	0.006	0.006	0.006	0.006	0.006
Over 23 and up to 24 years	0.007	0.007	0.007	0.007	0.007	0.007
Over 24 and up to 25 years	0.03	0.03	0.03	0.03	0.03	0.03
Over 25 and up to 26 years	0.06	0.06	0.06	0.06	0.06	0.06
Over 26 and up to 27 years	0.1	0.1	0.1	0.1	0.1	0.1
Over 27 and up to 28 years	0.2	0.2	0.2	0.2	0.2	0.2
Over 28 and up to 29 years	0.2	0.2	0.2	0.2	0.2	0.2
Over 29 and up to 30 years	0.2	0.2	0.2	0.2	0.2	0.2

Note: The corresponding interest rate in the above table is applied according to the initial loan period and deferment period.