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

October 15, 2021 - November 14, 2021

EXIM Direct Loans should apply the following minimum interest rate:

    CurrentPrevious
    October 15, 2021 - November 14, 2021 September 15, 2021 - October 14, 2021
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 1.47 1.47 1.42 1.42
Over 5 and up to and including 8.5 years >5 to ≤ 8.5 years 1.86 1.86 1.77 1.77
Over 8.5 years >8.5 to ≤ 11 years 2.16 2.16 2.06 2.06
11 to 12 >11 to ≤ 12 years 2.16 2.16 2.06 2.06
13 >12 to ≤ 13 years 2.43 2.36 2.34 2.26
14 >13 to ≤ 14 years 2.50 2.43 2.41 2.34
15 >14 to ≤ 15 years 2.50 2.43 2.41 2.34
16 >15 to ≤ 16 years 2.62 2.50 2.53 2.41
17 >16 to ≤ 17 years 2.67 2.50 2.58 2.41
18 >17 to ≤ 18 years 2.67 2.57 2.58 2.48
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.