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

May 15, 2022 - June 14, 2022

EXIM Direct Loans should apply the following minimum interest rate:

    CurrentPrevious
    May 15, 2022 - June 14, 2022 April 15, 2022 - May 14, 2022
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 3.72 3.72 3.09 3.09
Over 5 and up to and including 8.5 years >5 to ≤ 8.5 years 3.78 3.78 3.11 3.11
Over 8.5 years >8.5 to ≤ 11 years 3.80 3.80 3.15 3.15
11 to 12 >11 to ≤ 12 years 3.80 3.80 3.15 3.15
13 >12 to ≤ 13 years 3.98 4.00 3.34 3.35
14 >13 to ≤ 14 years 3.96 3.98 3.34 3.34
15 >14 to ≤ 15 years 3.96 3.98 3.34 3.34
16 >15 to ≤ 16 years 4.00 3.96 3.38 3.34
17 >16 to ≤ 17 years 4.05 3.96 3.43 3.34
18 >17 to ≤ 18 years 4.05 3.95 3.43 3.33
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.