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Japan · Cycle layer · Indicator

Overnight call rate

Fetched 2 Nov 2026, 06:01 UTC
1.04 %
Context
As of Sep 2026
Recession, Jun 1985 to Nov 1986Recession, Feb 1991 to Oct 1993Recession, May 1997 to Jan 1999Recession, Nov 2000 to Jan 2002Recession, Feb 2008 to Mar 2009Recession, Mar 2012 to Nov 2012Recession, Oct 2018 to May 2020024681990200020102020
1985 to 2026 · percent. Shaded bands are recessions.* *Japan's bands are the Cabinet Office reference dates from the peak month.
What it is

The uncollateralised overnight call rate, the Bank of Japan's policy rate, as a monthly average. Shown for context; it has no threshold.