Interbank Rate in Japan remained unchanged at 1.27 percent on Friday, March 13. Interbank Rate in Japan averaged 0.19 percent from 2014 until 2026, reaching an all time high of 1.27 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 1.27 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 1.52 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 0.30 0.23 percent Feb 2026
Foreign Bond Investment 399.80 -673.10 JPY Billion Mar 2026
Foreign Exchange Reserves 1410700.00 1394800.00 USD Million Feb 2026
Stock Investment by Foreigners 385.50 973.90 JPY Billion Mar 2026
Interbank Rate 1.27 1.27 percent Mar 2026
Interest Rate 0.75 0.75 percent Feb 2026
Bank Lending YoY 4.50 4.40 percent Feb 2026
Loans to Private Sector 584591.10 581271.60 JPY Billion Jan 2026
Money Supply M0 112275.00 112344.00 JPY Billion Jan 2026
Money Supply M1 1091959.20 1090954.80 JPY Billion Jan 2026
Money Supply M2 1279111.70 1278905.10 JPY Billion Jan 2026
Money Supply M3 1627198.40 1627423.30 JPY Billion Jan 2026
Private Debt to GDP 169.90 172.50 percent Dec 2024
Purchases of Government Bonds 27789.00 2732.10 JPY Billion Feb 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
1.27 1.27 1.27 0.05 2014 - 2026 percent Daily