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EXIM Minimum CIRR Rates for All Direct Loans including Nuclear Power, Renewable Energies, and Water

July 15, 2019 - August 14, 2019

EXIM Direct Loans should apply the following minimum interest rate:

    Current Previous
    July 15, 2019 - August 14, 2019 June 15, 2019 - July 14, 2019
Repayment Term (years) Repayment Terms New Nuclear Power and Large Hydro-power Projects[1] All Other Contracts New Nuclear Power and Large Hydro-power Projects[1] All Other Contracts
Up to and including 5 years ≤ 5 years 2.78 2.78 3.16 3.16
Over 5 and up to and including 8.5 years >5 to ≤ 8.5 years 2.83 2.83 3.19 3.19
Over 8.5 years >8.5 to ≤ 11 years 2.95 2.95 3.29 3.29
11 to 12 >11 to ≤ 12 years 2.95 2.95 3.29 3.29
13 >12 to ≤ 13 years 3.19 3.15 3.52 3.49
14 >13 to ≤ 14 years 3.23 3.19 3.56 3.52
15 >14 to ≤ 15 years 3.23 3.19 3.56 3.52
16 >15 to ≤ 16 years 3.32 3.23 3.65 3.56
17 >16 to ≤ 17 years 3.37 3.23 3.70 3.56
18 >17 to ≤ 18 years 3.37 3.27 3.70 3.60
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.