Prior CIRR Rates | EXIM.GOV

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

The 8-year and 9-year bond rates have been interpolated from the 7-year and 10-year rates.

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.

Current

June 15, 2023 - July 14, 2023

May 15, 2023 - June 14, 2023

Repayment Term (years)

Repayment Terms

General Arrangement, Project Finance, and Rail Transactions[1]

New Nuclear Power and Large Hydro-power Projects[2]

All Other CCSU Contracts[3]

General Arrangement, Project Finance, and Rail Transactions[1]

New Nuclear Power and Large Hydro-power Projects[2]

All Other CCSU Contracts[3]

Up to and including 5 years

≤ 5 years

4.82

4.76

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

4.59

4.54

Over 8.5 years

>8.5 to ≤ 11 years

4.58

4.50

11 to 12

>11 to ≤ 12 years

4.58

4.50

>12 to ≤ 13 years

4.78

4.70

4.69

4.70

>13 to ≤ 14 years

4.78

4.70

4.67

4.69

>14 to ≤ 15 years

N/A

4.78

N/A

4.67

4.69

>15 to ≤ 16 years

N/A

4.82

4.78

N/A

4.71

4.67

>16 to ≤ 17 years

N/A

4.87

4.78

N/A

4.76

4.67

>17 to ≤ 18 years

N/A

4.87

4.77

N/A

4.76

4.66

NOTE:	The 8-year and 9-year bond rates have been interpolated from the 7-year and 10-year rates.
1	General Arrangement transactions are currently limited to a maximum of 8.5 years for Category I countries and 10 years for Category II countries. As such, rates for tenors above 10 years only relate to project finance, rail, and conventional power transactions utililizing these extended terms.
2	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.
3	Sector Understanding on Export Credits for Renewable Energy, Climate Change Mitigation and Adaptation, and Water Projects

Current

May 15, 2023 - June 14, 2023

April 15, 2023 - May 14, 2023

Repayment Term (years)

Repayment Terms

General Arrangement, Project Finance, and Rail Transactions[1]

New Nuclear Power and Large Hydro-power Projects[2]

All Other CCSU Contracts[3]

General Arrangement, Project Finance, and Rail Transactions[1]

New Nuclear Power and Large Hydro-power Projects[2]

All Other CCSU Contracts[3]

Up to and including 5 years

≤ 5 years

4.76

5.09

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

4.54

4.82

Over 8.5 years

>8.5 to ≤ 11 years

4.50

4.77

11 to 12

>11 to ≤ 12 years

4.50

4.77

>12 to ≤ 13 years

4.70

4.69

4.70

4.97

4.93

4.97

>13 to ≤ 14 years

4.70

4.67

4.69

4.97

4.90

4.93

>14 to ≤ 15 years

N/A

4.67

4.69

N/A

4.90

4.93

>15 to ≤ 16 years

N/A

4.71

4.67

N/A

4.91

4.90

>16 to ≤ 17 years

N/A

4.76

4.67

N/A

4.96

4.90

>17 to ≤ 18 years

N/A

4.76

4.66

N/A

4.96

4.86

NOTE:	The 8-year and 9-year bond rates have been interpolated from the 7-year and 10-year rates.
1	General Arrangement transactions are currently limited to a maximum of 8.5 years for Category I countries and 10 years for Category II countries. As such, rates for tenors above 10 years only relate to project finance, rail, and conventional power transactions utililizing these extended terms.
2	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.
3	Sector Understanding on Export Credits for Renewable Energy, Climate Change Mitigation and Adaptation, and Water Projects

Current

April 15, 2023 - May 14, 2023

March 15, 2023 - April 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

5.09

5.23

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

4.82

4.94

Over 8.5 years

>8.5 to ≤ 11 years

4.77

4.86

11 to 12

>11 to ≤ 12 years

4.77

4.86

>12 to ≤ 13 years

4.93

4.97

5.03

5.06

>13 to ≤ 14 years

4.90

4.93

4.99

5.03

>14 to ≤ 15 years

4.90

4.93

4.99

5.03

>15 to ≤ 16 years

4.91

4.90

5.00

4.99

>16 to ≤ 17 years

4.96

4.90

5.05

4.99

>17 to ≤ 18 years

4.96

4.86

5.05

4.95

Current

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

4.91

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

4.94

4.64

Over 8.5 years

>8.5 to ≤ 11 years

4.86

4.59

11 to 12

>11 to ≤ 12 years

4.86

4.59

>12 to ≤ 13 years

5.03

5.06

4.77

4.79

>13 to ≤ 14 years

4.99

5.03

4.75

4.77

>14 to ≤ 15 years

4.99

5.03

4.75

4.77

>15 to ≤ 16 years

5.00

4.99

4.78

4.75

>16 to ≤ 17 years

5.05

4.99

4.83

4.75

>17 to ≤ 18 years

5.05

4.95

4.83

4.73

Current

February 15, 2023 - March 14, 2023

January 15, 2023 - February 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

4.91

5.05

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

4.64

4.76

Over 8.5 years

>8.5 to ≤ 11 years

4.59

4.72

11 to 12

>11 to ≤ 12 years

4.59

4.72

>12 to ≤ 13 years

4.77

4.79

4.88

4.92

>13 to ≤ 14 years

4.75

4.77

4.85

4.88

>14 to ≤ 15 years

4.75

4.77

4.85

4.88

>15 to ≤ 16 years

4.78

4.75

4.87

4.85

>16 to ≤ 17 years

4.83

4.75

4.92

4.85

>17 to ≤ 18 years

4.83

4.73

4.92

4.82

Current

January 15, 2023 - February 14, 2023

December 15, 2022 - January 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

5.05

5.34

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

4.76

5.06

Over 8.5 years

>8.5 to ≤ 11 years

4.72

4.99

11 to 12

>11 to ≤ 12 years

4.72

4.99

>12 to ≤ 13 years

4.88

4.92

5.15

5.19

>13 to ≤ 14 years

4.85

4.88

5.12

5.15

>14 to ≤ 15 years

4.85

4.88

5.12

5.15

>15 to ≤ 16 years

4.87

4.85

5.14

5.12

>16 to ≤ 17 years

4.92

4.85

5.19

5.12

>17 to ≤ 18 years

4.92

4.82

5.19

5.09

Current

December 15, 2022 - January 14, 2023

November 15, 2022 - December 14, 2022

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

5.34

5.38

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

5.06

5.18

Over 8.5 years

>8.5 to ≤ 11 years

4.99

5.09

11 to 12

>11 to ≤ 12 years

4.99

5.09

>12 to ≤ 13 years

5.15

5.19

5.25

5.29

>13 to ≤ 14 years

5.12

5.15

5.22

5.25

>14 to ≤ 15 years

5.12

5.15

5.22

5.25

>15 to ≤ 16 years

5.14

5.12

5.23

5.22

>16 to ≤ 17 years

5.19

5.12

5.28

5.22

>17 to ≤ 18 years

5.19

5.09

5.28

5.18

Current

November 15, 2022 - December 14, 2022

October 15, 2022 - November 14, 2022

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

5.38

4.88

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

5.18

4.70

Over 8.5 years

>8.5 to ≤ 11 years

5.09

4.64

11 to 12

>11 to ≤ 12 years

5.09

4.64

>12 to ≤ 13 years

5.25

5.29

4.80

4.84

>13 to ≤ 14 years

5.22

5.25

4.76

4.80

>14 to ≤ 15 years

5.22

5.25

4.76

4.80

>15 to ≤ 16 years

5.23

5.22

4.77

4.76

>16 to ≤ 17 years

5.28

5.22

4.82

4.76

>17 to ≤ 18 years

5.28

5.18

4.82

4.72

Current

October 15, 2022 - November 14, 2022

September 15, 2022 - October 14, 2022

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

4.88

4.23

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

4.70

4.03

Over 8.5 years

>8.5 to ≤ 11 years

4.64

3.98

11 to 12

>11 to ≤ 12 years

4.64

3.98

>12 to ≤ 13 years

4.80

4.84

4.15

4.18

>13 to ≤ 14 years

4.76

4.80

4.13

4.15

>14 to ≤ 15 years

4.76

4.80

4.13

4.15

>15 to ≤ 16 years

4.77

4.76

4.15

4.13

>16 to ≤ 17 years

4.82

4.76

4.20

4.13

>17 to ≤ 18 years

4.82

4.72

4.20

4.10

Current

September 15, 2022 - October 14, 2022

August 15, 2022 - September 14, 2022

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

4.23

4.03

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

4.03

3.96

Over 8.5 years

>8.5 to ≤ 11 years

3.98

3.97

11 to 12

>11 to ≤ 12 years

3.98

3.97

>12 to ≤ 13 years

4.15

4.18

4.14

4.17

>13 to ≤ 14 years

4.13

4.15

4.12

4.14

>14 to ≤ 15 years

4.13

4.15

4.12

4.14

>15 to ≤ 16 years

4.15

4.13

4.15

4.12

>16 to ≤ 17 years

4.20

4.13

4.20

4.12

>17 to ≤ 18 years

4.20

4.10

4.20

4.10

Current

August 15, 2022 - September 14, 2022

July 15, 2022 - August 14, 2022

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

4.03

4.15

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

3.96

4.19

Over 8.5 years

>8.5 to ≤ 11 years

3.97

4.21

11 to 12

>11 to ≤ 12 years

3.97

4.21

>12 to ≤ 13 years

4.14

4.17

4.39

4.41

>13 to ≤ 14 years

4.12

4.14

4.36

4.39

>14 to ≤ 15 years

4.12

4.14

4.36

4.39

>15 to ≤ 16 years

4.15

4.12

4.39

4.36

>16 to ≤ 17 years

4.20

4.12

4.44

4.36

>17 to ≤ 18 years

4.20

4.10

4.44

4.34

Current

July 15, 2022 - August 14, 2022

June 15, 2022 - July 14, 2022

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

4.15

3.79

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

4.19

3.87

Over 8.5 years

>8.5 to ≤ 11 years

4.21

3.92

11 to 12

>11 to ≤ 12 years

4.21

3.92

>12 to ≤ 13 years

4.39

4.41

4.11

4.12

>13 to ≤ 14 years

4.36

4.39

4.11

>14 to ≤ 15 years

4.36

4.39

4.11

>15 to ≤ 16 years

4.39

4.36

4.15

4.11

>16 to ≤ 17 years

4.44

4.36

4.20

4.11

>17 to ≤ 18 years

4.44

4.34

4.20

4.10

Current

June 15, 2022 - July 14, 2022

May 15, 2022 - June 14, 2022

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

3.72

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

3.78

Over 8.5 years

>8.5 to ≤ 11 years

3.80

11 to 12

>11 to ≤ 12 years

3.80

>12 to ≤ 13 years

3.98

4.00

3.98

4.00

>13 to ≤ 14 years

3.96

3.98

3.96

3.98

>14 to ≤ 15 years

3.96

3.98

3.96

3.98

>15 to ≤ 16 years

4.00

3.96

4.00

3.96

>16 to ≤ 17 years

4.05

3.96

4.05

3.96

>17 to ≤ 18 years

4.05

3.95

4.05

3.95

Current

April 15, 2022 - May 14, 2022

March 15, 2022 - April 14, 2022

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

3.09

2.65

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

3.11

2.81

Over 8.5 years

>8.5 to ≤ 11 years

3.15

2.91

11 to 12

>11 to ≤ 12 years

3.15

2.91

>12 to ≤ 13 years

3.34

3.35

3.12

3.11

>13 to ≤ 14 years

3.34

3.13

3.12

>14 to ≤ 15 years

3.34

3.13

3.12

>15 to ≤ 16 years

3.38

3.34

3.18

3.13

>16 to ≤ 17 years

3.43

3.34

3.23

3.13

>17 to ≤ 18 years

3.43

3.33

3.23

3.13

Current

March 15, 2022 - April 14, 2022

February 15, 2022 - March 14, 2022

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

2.65

2.25

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

2.81

2.54

Over 8.5 years

>8.5 to ≤ 11 years

2.91

2.70

11 to 12

>11 to ≤ 12 years

2.91

2.70

>12 to ≤ 13 years

3.12

3.11

2.92

2.90

>13 to ≤ 14 years

3.13

3.12

2.94

2.92

>14 to ≤ 15 years

3.13

3.12

2.94

2.92

>15 to ≤ 16 years

3.18

3.13

3.01

2.94

>16 to ≤ 17 years

3.23

3.13

3.06

2.94

>17 to ≤ 18 years

3.23

3.13

3.06

2.96

Current

January 15, 2022 - February 14, 2022

December 15, 2021 - January 14, 2022

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

1.95

1.82

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

2.23

2.20

Over 8.5 years

>8.5 to ≤ 11 years

2.40

2.45

11 to 12

>11 to ≤ 12 years

2.40

2.45

>12 to ≤ 13 years

2.62

2.60

2.69

2.65

>13 to ≤ 14 years

2.64

2.62

2.72

2.69

>14 to ≤ 15 years

2.64

2.62

2.72

2.69

>15 to ≤ 16 years

2.72

2.64

2.81

2.72

>16 to ≤ 17 years

2.77

2.64

2.86

2.72

>17 to ≤ 18 years

2.77

2.67

2.86

2.76

Current

December 15, 2021 - January 14, 2022

November 15, 2021 - December 14, 2021

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

1.82

1.67

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

2.20

2.11

Over 8.5 years

>8.5 to ≤ 11 years

2.45

2.40

11 to 12

>11 to ≤ 12 years

2.45

2.40

>12 to ≤ 13 years

2.69

2.65

2.66

2.60

>13 to ≤ 14 years

2.72

2.69

2.72

2.66

>14 to ≤ 15 years

2.72

2.69

2.72

2.66

>15 to ≤ 16 years

2.81

2.72

2.83

2.72

>16 to ≤ 17 years

2.86

2.72

2.88

2.72

>17 to ≤ 18 years

2.86

2.76

2.88

2.78

Current

November 15, 2021 - December 14, 2021

October 15, 2021 - November 14, 2021

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

1.67

1.47

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

2.11

1.86

Over 8.5 years

>8.5 to ≤ 11 years

2.40

2.16

11 to 12

>11 to ≤ 12 years

2.40

2.16

>12 to ≤ 13 years

2.66

2.60

2.43

2.36

>13 to ≤ 14 years

2.72

2.66

2.50

2.43

>14 to ≤ 15 years

2.72

2.66

2.50

2.43

>15 to ≤ 16 years

2.83

2.72

2.62

2.50

>16 to ≤ 17 years

2.88

2.72

2.67

2.50

>17 to ≤ 18 years

2.88

2.78

2.67

2.57

Current

October 15, 2021 - November 14, 2021

September 15, 2021 - October 14, 2021

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

1.47

1.42

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

1.86

1.77

Over 8.5 years

>8.5 to ≤ 11 years

2.16

2.06

11 to 12

>11 to ≤ 12 years

2.16

2.06

>12 to ≤ 13 years

2.43

2.36

2.34

2.26

>13 to ≤ 14 years

2.50

2.43

2.41

2.34

>14 to ≤ 15 years

2.50

2.43

2.41

2.34

>15 to ≤ 16 years

2.62

2.50

2.53

2.41

>16 to ≤ 17 years

2.67

2.50

2.58

2.41

>17 to ≤ 18 years

2.67

2.57

2.58

2.48

Current

September 15, 2021 - October 14, 2021

August 15, 2021 - September 14, 2021

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

1.42

1.40

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

1.77

1.76

Over 8.5 years

>8.5 to ≤ 11 years

2.06

2.07

11 to 12

>11 to ≤ 12 years

2.06

2.07

>12 to ≤ 13 years

2.34

2.26

2.36

2.27

>13 to ≤ 14 years

2.41

2.34

2.44

2.36

>14 to ≤ 15 years

2.41

2.34

2.44

2.36

>15 to ≤ 16 years

2.53

2.41

2.57

2.44

>16 to ≤ 17 years

2.58

2.41

2.62

2.44

>17 to ≤ 18 years

2.58

2.48

2.62

2.52

Current

August 15, 2021 - September 14, 2021

July 15, 2021 - August 14, 2021

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

1.40

1.39

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

1.76

1.84

Over 8.5 years

>8.5 to ≤ 11 years

2.07

2.23

11 to 12

>11 to ≤ 12 years

2.07

2.23

>12 to ≤ 13 years

2.36

2.27

2.53

2.43

>13 to ≤ 14 years

2.44

2.36

2.62

2.53

>14 to ≤ 15 years

2.44

2.36

2.62

2.53

>15 to ≤ 16 years

2.57

2.44

2.77

2.62

>16 to ≤ 17 years

2.62

2.44

2.82

2.62

>17 to ≤ 18 years

2.62

2.52

2.82

2.72

Current

July 15, 2021 - August 14, 2021

June 15, 2021 - July 14, 2021

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

1.39

1.32

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

1.84

1.82

Over 8.5 years

>8.5 to ≤ 11 years

2.23

2.28

11 to 12

>11 to ≤ 12 years

2.23

2.28

>12 to ≤ 13 years

2.53

2.43

2.59

2.48

>13 to ≤ 14 years

2.62

2.53

2.71

2.59

>14 to ≤ 15 years

2.62

2.53

2.71

2.59

>15 to ≤ 16 years

2.77

2.62

2.87

2.71

>16 to ≤ 17 years

2.82

2.62

2.92

2.71

>17 to ≤ 18 years

2.82

2.72

2.92

2.82

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

Current

June 15, 2021 - July 14, 2021

May 15, 2021 - June 14, 2021

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

1.32

1.35

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

1.82

1.86

Over 8.5 years

>8.5 to ≤ 11 years

2.28

2.31

11 to 12

>11 to ≤ 12 years

2.28

2.31

>12 to ≤ 13 years

2.59

2.48

2.62

2.51

>13 to ≤ 14 years

2.71

2.59

2.73

2.62

>14 to ≤ 15 years

2.71

2.59

2.73

2.62

>15 to ≤ 16 years

2.87

2.71

2.89

2.73

>16 to ≤ 17 years

2.92

2.71

2.94

2.73

>17 to ≤ 18 years

2.92

2.82

2.94

2.84

Current

May 15, 2021 - June 14, 2021

April 15, 2021 - May 14, 2021

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

1.35

1.32

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

1.86

1.82

Over 8.5 years

>8.5 to ≤ 11 years

2.31

2.27

11 to 12

>11 to ≤ 12 years

2.31

2.27

>12 to ≤ 13 years

2.62

2.51

2.58

2.47

>13 to ≤ 14 years

2.73

2.62

2.70

2.58

>14 to ≤ 15 years

2.73

2.62

2.70

2.58

>15 to ≤ 16 years

2.89

2.73

2.86

2.70

>16 to ≤ 17 years

2.94

2.73

2.91

2.70

>17 to ≤ 18 years

2.94

2.84

2.91

2.81

Current

April 15, 2021 - May 14, 2021

March 15, 2021 - April 14, 2021

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

1.32

1.21

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

1.82

1.54

Over 8.5 years

>8.5 to ≤ 11 years

2.27

1.91

11 to 12

>11 to ≤ 12 years

2.27

1.91

>12 to ≤ 13 years

2.58

2.47

2.23

2.11

>13 to ≤ 14 years

2.70

2.58

2.34

2.23

>14 to ≤ 15 years

2.70

2.58

2.34

2.23

>15 to ≤ 16 years

2.86

2.70

2.51

2.34

>16 to ≤ 17 years

2.91

2.70

2.56

2.34

>17 to ≤ 18 years

2.91

2.81

2.56

2.46

Current

March 15, 2021 - April 14, 2021

February 15, 2021 - March 14, 2021

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

1.21

1.20

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

1.54

1.45

Over 8.5 years

>8.5 to ≤ 11 years

1.91

1.77

11 to 12

>11 to ≤ 12 years

1.91

1.77

>12 to ≤ 13 years

2.23

2.11

2.07

1.97

>13 to ≤ 14 years

2.34

2.23

2.18

2.07

>14 to ≤ 15 years

2.34

2.23

2.18

2.07

>15 to ≤ 16 years

2.51

2.34

2.33

2.18

>16 to ≤ 17 years

2.56

2.34

2.38

2.18

>17 to ≤ 18 years

2.56

2.46

2.38

2.28

Current

February 15, 2021 - March 14, 2021

January 15, 2021 - February 14, 2021

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

1.20

1.19

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

1.45

1.39

Over 8.5 years

>8.5 to ≤ 11 years

1.77

1.66

11 to 12

>11 to ≤ 12 years

1.77

1.66

>12 to ≤ 13 years

2.07

1.97

1.95

1.86

>13 to ≤ 14 years

2.18

2.07

2.04

1.95

>14 to ≤ 15 years

2.18

2.07

2.04

1.95

>15 to ≤ 16 years

2.33

2.18

2.04

>16 to ≤ 17 years

2.38

2.18

2.23

2.04

>17 to ≤ 18 years

2.38

2.28

2.23

2.13

Current

January 15, 2021 - February 14, 2021

December 15, 2020 - January 14, 2021

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

1.19

1.22

Over 5 and up to and including 8.5 years

>5 to ≤ 8.5 years

1.39

Over 8.5 years

>8.5 to ≤ 11 years

1.66

1.63

11 to 12

>11 to ≤ 12 years

1.66

1.63

>12 to ≤ 13 years

1.95

1.86

1.91

1.83

>13 to ≤ 14 years

2.04

1.95

1.99

1.91

>14 to ≤ 15 years

2.04

1.95

1.99

1.91

>15 to ≤ 16 years

2.18

2.04

2.12

1.99

>16 to ≤ 17 years

2.23

2.04

2.17

1.99

>17 to ≤ 18 years

2.23

2.13

2.17

2.07