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

March 15, 2022 - April 14, 2022

EXIM Direct Loans should apply the following minimum interest rate:

    CurrentPrevious
    March 15, 2022 - April 14, 2022 February 15, 2022 - March 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 2.65 2.65 2.25 2.25
Over 5 and up to and including 8.5 years >5 to ≤ 8.5 years 2.81 2.81 2.54 2.54
Over 8.5 years >8.5 to ≤ 11 years 2.91 2.91 2.70 2.70
11 to 12 >11 to ≤ 12 years 2.91 2.91 2.70 2.70
13 >12 to ≤ 13 years 3.12 3.11 2.92 2.90
14 >13 to ≤ 14 years 3.13 3.12 2.94 2.92
15 >14 to ≤ 15 years 3.13 3.12 2.94 2.92
16 >15 to ≤ 16 years 3.18 3.13 3.01 2.94
17 >16 to ≤ 17 years 3.23 3.13 3.06 2.94
18 >17 to ≤ 18 years 3.23 3.13 3.06 2.96
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.