Japan Call Rates, Monthly
Monthly averages and month-end levels of collateralized and uncollateralized call rates by maturity. 12 series.
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Call Rate, Collateralized Overnight (a) / End of Month | 0.93 | 0.93 | 0.93 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.18 | 0.18 | ||||||||||||||||
| Call Rate, Collateralized Overnight (a) / Average(b) | 0.93 | 0.93 | 0.79 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.51 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.25 | 0.18 | 0.18 | ||||||||||||||||
| Call Rate, Uncollateralized Overnight / End of Month | 0.98 | 0.98 | 0.98 | 0.73 | 0.73 | 0.73 | 0.73 | 0.73 | 0.73 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | -0.01 | -0.01 | -0.04 | -0.02 | -0.02 | -0.06 | -0.06 | |
| Call Rate, Uncollateralized Overnight / Average | 0.98 | 0.98 | 0.84 | 0.73 | 0.73 | 0.73 | 0.73 | 0.73 | 0.56 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.29 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.08 | 0.08 | 0.08 | 0.08 | 0.02 | -0.01 | -0.01 | -0.01 | -0.02 | -0.02 | -0.05 | -0.06 | |
| Call Rate, Uncollateralized 1 Week / End of Month | 1.01 | 1.03 | 1.01 | 0.77 | 0.73 | 0.73 | 0.76 | 0.77 | 0.73 | 0.53 | 0.56 | 0.52 | 0.57 | 0.53 | 0.48 | 0.59 | 0.51 | 0.61 | 0.53 | 0.64 | 0.3 | 0.28 | 0.24 | 0.23 | 0.39 | 0.35 | 0.28 | 0.12 | 0.12 | 0.1 | -0.01 | -0.01 | -0.02 | -0.02 | -0.02 | -0.04 | -0.04 | |
| Call Rate, Uncollateralized 1 Week / Average | 1.01 | 1.01 | 0.9 | 0.76 | 0.76 | 0.78 | 0.79 | 0.75 | 0.58 | 0.54 | 0.52 | 0.53 | 0.53 | 0.51 | 0.52 | 0.54 | 0.52 | 0.53 | 0.53 | 0.38 | 0.28 | 0.27 | 0.28 | 0.26 | 0.27 | 0.16 | 0.21 | 0.17 | 0.17 | 0.02 | -0.01 | -0.02 | -0.01 | -0.03 | -0.02 | -0.03 | -0.05 | |
| Call Rate, Uncollateralized 1 Month / End of Month | 1.18 | 1.09 | 1.07 | 0.99 | 0.89 | 0.83 | 0.87 | 0.75 | 0.8 | 0.67 | 0.56 | 0.55 | 0.58 | 0.55 | 0.57 | 0.56 | 0.72 | 0.59 | 0.6 | 0.57 | 0.37 | 0.53 | 0.3 | 0.3 | 0.3 | 0.33 | 0.21 | 0.22 | 0.18 | 0.15 | 0.02 | -0 | -0.02 | -0.03 | -0 | 0.01 | -0.05 | |
| Call Rate, Uncollateralized 1 Month / Average | 1.13 | 1.08 | 1.09 | 0.92 | 0.88 | 0.93 | 0.84 | 0.8 | 0.83 | 0.57 | 0.59 | 0.58 | 0.58 | 0.57 | 0.59 | 0.57 | 0.58 | 0.59 | 0.57 | 0.5 | 0.41 | 0.35 | 0.3 | 0.33 | 0.32 | 0.2 | 0.22 | 0.18 | 0.17 | 0.16 | 0.02 | 0.02 | 0.08 | 0.01 | 0.04 | 0.08 | 0.04 | |
| Call Rate, Uncollateralized 2 Months / End of Month | 1.25 | 1.18 | 1.14 | 0.99 | 0.91 | 1.05 | 0.96 | 0.81 | 0.79 | 0.61 | 0.58 | 0.8 | 0.6 | 0.57 | 0.55 | 0.56 | 0.6 | 0.58 | 0.53 | 0.31 | 0.38 | 0.34 | 0.34 | 0.23 | 0.28 | 0.21 | 0.13 | 0.32 | 0.06 | 0.18 | 0.01 | 0 | 0 | |||||
| Call Rate, Uncollateralized 2 Months / Average | 1.25 | 1.13 | 1.09 | 0.95 | 0.92 | 1 | 0.96 | 0.82 | 0.81 | 0.6 | 0.58 | 0.7 | 0.58 | 0.57 | 0.56 | 0.56 | 0.6 | 0.55 | 0.52 | 0.31 | 0.38 | 0.34 | 0.34 | 0.23 | 0.28 | 0.19 | 0.15 | 0.32 | 0.08 | 0.18 | 0.02 | 0.02 | 0.01 | |||||
| Call Rate, Uncollateralized 3 Months / End of Month | 1.41 | 1.28 | 1.22 | 1.09 | 1.03 | 1.09 | 1.04 | 0.9 | 0.85 | 0.65 | 0.63 | 0.7 | 0.6 | 0.6 | 0.6 | 0.7 | 0.6 | 0.64 | 0.64 | 0.58 | 0.58 | 0.48 | 0.33 | 0.32 | 0.35 | 0.35 | 0.21 | 0.2 | 0.19 | 0.18 | 0.11 | 0.02 | 0.04 | 0.02 | 0.03 | 0.03 | 0.03 | |
| Call Rate, Uncollateralized 3 Months / Average | 1.31 | 1.24 | 1.17 | 1.05 | 1.04 | 1.09 | 0.99 | 0.87 | 0.82 | 0.65 | 0.63 | 0.65 | 0.62 | 0.63 | 0.61 | 0.62 | 0.64 | 0.64 | 0.63 | 0.57 | 0.5 | 0.38 | 0.33 | 0.35 | 0.37 | 0.24 | 0.22 | 0.23 | 0.2 | 0.19 | 0.08 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 |
Latest reading
The latest reading is 0.93 percent per annum, for Aug 2026. That is unchanged from Jul 2026 and +116.3% from a year earlier. The series on this page is monthly and runs from Jan 1960 to Aug 2026. Source: Bank of Japan – Time-Series Data Search.
- Latest
- 0.93 percent per annum
- Aug 2026
- vs previous period
- 0.0%
- Jul 2026
- vs a year earlier
- +116.3%
About this data
Monthly averages and month-end levels of collateralized and uncollateralized call rates by maturity. 12 series. Source: Bank of Japan, Time-Series Data Search.