Interbank Rate in Japan remained unchanged at 1.28 percent on Thursday, April 2. Interbank Rate in Japan averaged 0.19 percent from 2014 until 2026, reaching an all time high of 1.29 percent in March of 2026 and a record low of 0.05 percent in September of 2022. source: Japanese Bankers Association

Interbank Rate in Japan is expected to be 1.53 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japanese Yen TIBOR Three Month Rate is projected to trend around 1.53 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Central Bank Balance Sheet 683770.50 682868.00 JPY Billion Feb 2026
Deposit Interest Rate 0.32 0.30 percent Mar 2026
Foreign Bond Investment -945.40 -635.10 JPY Billion Mar 2026
Foreign Exchange Reserves 1410700.00 1394800.00 USD Million Feb 2026
Stock Investment by Foreigners -4448.10 -2511.00 JPY Billion Mar 2026
Interbank Rate 1.28 1.28 percent Apr 2026
Interest Rate 0.75 0.75 percent Mar 2026
Bank Lending YoY 4.50 4.40 percent Feb 2026
Loans to Private Sector 584664.40 584265.70 JPY Billion Feb 2026
Money Supply M0 111253.00 112291.00 JPY Billion Feb 2026
Money Supply M1 1086194.80 1092471.70 JPY Billion Feb 2026
Money Supply M2 1274923.40 1279057.40 JPY Billion Feb 2026
Money Supply M3 1622094.70 1627228.50 JPY Billion Feb 2026
Private Debt to GDP 169.90 172.50 percent Dec 2024
Purchases of Government Bonds 27440.00 27789.00 JPY Billion Mar 2026


Japanese Yen TIBOR Three Month Rate
The three month Japanese Yen TIBOR (Tokyo Interbank Offered Rate) interest rate is the daily reference rate derived from the interest rates that banks charge to lend funds to other banks in the Japanese interbank market.
Actual Previous Highest Lowest Dates Unit Frequency
1.28 1.28 1.29 0.05 2014 - 2026 percent Daily