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

March 15, 2023 - April 14, 2023

EXIM Direct Loans should apply the following minimum interest rate:

    Current Previous
    March 15, 2023 - April 14, 2023 February 15, 2023 - March 14, 2023
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 5.23 5.23 4.91 4.91
Over 5 and up to and including 8.5 years >5 to ≤ 8.5 years 4.94 4.94 4.64 4.64
Over 8.5 years >8.5 to ≤ 11 years 4.86 4.86 4.59 4.59
11 to 12 >11 to ≤ 12 years 4.86 4.86 4.59 4.59
13 >12 to ≤ 13 years 5.03 5.06 4.77 4.79
14 >13 to ≤ 14 years 4.99 5.03 4.75 4.77
15 >14 to ≤ 15 years 4.99 5.03 4.75 4.77
16 >15 to ≤ 16 years 5.00 4.99 4.78 4.75
17 >16 to ≤ 17 years 5.05 4.99 4.83 4.75
18 >17 to ≤ 18 years 5.05 4.95 4.83 4.73
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.