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

January 15, 2017 - February 14, 2017

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

    CurrentPrevious
    January 15, 2017 - February 14, 2017December 15, 2016 - January 14, 2017
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 2.49 2.49 2.22 2.22
Over 5 and up to and including 8.5 years >5 to ≤ 8.5 years 2.96 2.96 2.60 2.60
Over 8.5 years >8.5 to ≤ 11 years 3.29 3.29 2.93 2.93
11 to 12 >11 to ≤ 12 years 3.29 3.29 2.93 2.93
13 >12 to ≤ 13 years 3.56 3.49 3.20 3.13
14 >13 to ≤ 14 years 3.63 3.56 3.27 3.20
15 >14 to ≤ 15 years 3.63 3.56 3.27 3.20
16 >15 to ≤ 16 years 3.74 3.63 3.39 3.27
17 >16 to ≤ 17 years 3.79 3.63 3.44 3.27
18 >17 to ≤ 18 years 3.79 3.69 3.44 3.34
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.