Ex-Im Bank Minimum CIRR Rates for All Direct Loans including Nuclear Power, Renewable Energies, and Water

May 15, 2015 - June 14, 2015

Ex-Im Bank Direct Loans should apply the following minimum interest rate:

  CurrentPrevious
  May 15, 2015 – Jun 14, 2015Apr 15, 2014 – May 14, 2015
Repayment Term (years)Repayment TermsNew Nuclear Power and Large Hydro-power Projects[1]All Other ContractsNew Nuclear Power and Large Hydro-power Projects[1]All Other Contracts
Up to and  including 5 years≤ 5 years1.871.872.022.02
Over 5 and up to and including 8.5 years>5 to ≤ 8.5 years2.362.362.522.52
Over 8.5 years>8.5 to ≤ 11 years2.692.692.842.84
11 to 12>11 to ≤ 12 years2.692.692.842.84
13>12 to ≤ 13 years2.972.893.113.04
14>13 to ≤ 14 years3.052.973.183.11
15>14 to ≤ 15 years3.052.973.183.11
16>15 to ≤ 16 years3.193.053.293.18
17>16 to ≤ 17 years3.243.053.343.18
18>17 to ≤ 18 years3.243.143.343.24
NOTE:The 8-year and 9-year bond rates have been interpolated from the 7-year and 10-year rates.
1
As per the definition of the International Commission on Large Dams (ICOLD). ICOLD defines a large dam as a dam with a height of 15 m or more from the foundation. Dams that are between 5 and 15m high and have a reservoir volume of more than 3 million m3 are also classified as large dams.