OECD COMMERCIAL INTEREST REFERENCE RATES (CIRRs)

For the period from the 15th of January through to the 14th of February 2012.

FEC will apply these rates to new interest equalisation indications, bids and agreements.

FEC will add a premium of 0.2 per cent to the CIRRs when fixing at bid. Interest rates may not be fixed for longer than 120 days.

In project finance for repayment terms of up to and including 12 years, the normal CIRR shall apply. For repayment terms in excess of 12 years and up to 14 years, a surcharge of 20 basis point on the CIRR shall apply for all currencies.CIRR´s for Renewable Energies and Water Projects with repayment period over 11 years are available on OECD’s´web site.

CURRENCY

INTEREST RATE / REPAYMENT PERIOD 

2-5 years 

>5-8.5 years

>8.5-10 years 

  

 

 

  

AUD

 4.29 4.29 4.29

CAD

 1.96 2.28 2.53

CHF 

1.01 1.20 1.46

CZK

 3.67 3.67 3.67

DKK

 1.24 1.66 2.10

EUR

 1.93 2.68 3.24

GBP

 1.52 2.06 2.58

HUF

 9.58 9.58 9.58
JPY  1.20 1.36 1.59

KRW

 4.51 4.51 4.51

NOK

 2.89 2.89 2.89

NZD

 4.30 4.30 4.30
PLN 6.34 6.34 6.34

SEK

 1.85 2.07 2.28

USD 

1.39 1.89 2.43

REPAYMENT PERIODS
CATEGORY I 2 - 5 years (8.5 years)
CATEGORY II 2 - 10 years

List and classification of countries for maximum repayment terms on 26 July 2011. Estonia, Israel, Poland and Slovenia are confirmed as Category I.

 CIRR rates of the last 12 months

Interest rates curves:  USD, EUR

10 tammi 2012 13:33:52 +0200