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

September 15, 2019 - October 14, 2019

EXIM Direct Loans should apply the following minimum interest rate:

    CurrentPrevious
    September 15, 2019 - October 14, 2019August 15, 2019 - September 14, 2019
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 years 2.51 2.51 2.80 2.80
Over 5 and up to and including 8.5 years >5 to ≤ 8.5 years 2.49 2.49 2.83 2.83
Over 8.5 years >8.5 to ≤ 11 years 2.55 2.55 2.93 2.93
11 to 12 >11 to ≤ 12 years 2.55 2.55 2.93 2.93
13 >12 to ≤ 13 years 2.78 2.75 3.17 3.13
14 >13 to ≤ 14 years 2.80 2.78 3.22 3.17
15 >14 to ≤ 15 years 2.80 2.78 3.22 3.17
16 >15 to ≤ 16 years 2.88 2.80 3.31 3.22
17 >16 to ≤ 17 years 2.93 2.80 3.36 3.22
18 >17 to ≤ 18 years 2.93 2.83 3.36 3.26
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.