Long-Term Prime Rate


Also found in: Acronyms.

Long-Term Prime Rate

The interest rate charged by certain Japanese banks on loans made to highly creditworthy institutions for longer than one year. The long-term prime rate is used as a benchmark for determining other interest rates in Japan.
References in periodicals archive ?
2 point, the coupon on the new issue and the long-term prime rate are revised the following month.
The long-term prime rate is a key rate for many personal, housing and corporate loans in Japan.
The long-term prime rate, or interest charged on loans of one year or longer to most creditworthy corporate clients, will be raised for the first time in three month.
Mizuho Corporate Bank to lower long-term prime rate to 2.
Mizuho Corporate Bank keeps long-term prime rate unchanged
TOKYO - Mizuho Corporate Bank said Thursday it will lower its long-term prime rate by 0.
TOKYO - Mizuho Corporate Bank said Monday it will cut its long-term prime rate by 0.
The long-term prime rate, charged on loans of one year or longer to the most creditworthy corporate borrowers, is set 0.
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