Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Japan
IR3TIB01JPM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.77
Year-over-Year Change
416.78%
Date Range
4/1/2002 - 6/1/2025
Summary
This economic trend measures the 3-month or 90-day interbank interest rates and yields in Japan. It is a key indicator of short-term credit conditions and market expectations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 3-month interbank rate represents the interest rate at which banks in Japan lend to one another on a short-term, unsecured basis. This metric provides insight into the cost and availability of credit and is closely watched by economists and policymakers.
Methodology
The data is collected directly from Japan's money markets and financial institutions.
Historical Context
This trend is used to assess the stance of monetary policy and financial stability in Japan.
Key Facts
- Japan's 3-month interbank rate averaged 0.05% in 2022.
- Interbank rates are a benchmark for other short-term lending rates.
- Central banks monitor interbank rates to gauge financial stability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the 3-month or 90-day interbank interest rates and yields in Japan, which represent the cost of short-term unsecured lending between banks.
Q: Why is this trend relevant for users or analysts?
A: The 3-month interbank rate is a key indicator of short-term credit conditions and market expectations in Japan, providing insight into the stance of monetary policy and financial stability.
Q: How is this data collected or calculated?
A: The data is collected directly from Japan's money markets and financial institutions.
Q: How is this trend used in economic policy?
A: Central banks and policymakers closely monitor interbank rates to assess the effectiveness of monetary policy and the overall health of the financial system.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal delays, providing timely insights into Japan's short-term credit conditions.
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Citation
U.S. Federal Reserve, Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Japan (IR3TIB01JPM156N), retrieved from FRED.