Bank of Japan · Uncollateralized overnight call rate target
Japan · JPY · Policy rate
The Bank of Japan’s Uncollateralized overnight call rate target is 1.00 %, last changed on 17 Jun 2026 when it was raised by 25 bp from 0.75 %. The next scheduled decision is on .
1.00 %
- Last change
- raised +25 bp·
- Previous rate
- 0.75 %
- Next decision
- Latest observation
- Source
- BIS
1.00 % ·
18 Sep 2021-0.10 – 1.00 %18 Sep 2026
Recent decisions
| Date | Rate | Change |
|---|---|---|
| 1.00 % | hold | |
| 1.00 % | +25 bp | |
| 0.75 % | hold | |
| 0.75 % | hold | |
| 0.75 % | hold | |
| 0.75 % | +25 bp | |
| 0.50 % | hold | |
| 0.50 % | hold | |
| 0.50 % | hold |
Changes are dated by when they took effect; holds by the announcement day.
At a glance
- Economy
- Japan
- Currency
- JPY
- Type
- Policy rate
- Set by
- Bank of Japan
- History since
- 1946
- Changes in the last 12 months
- 2
Questions and answers
- What is the current Bank of Japan interest rate?
- The Bank of Japan’s Uncollateralized overnight call rate target is 1.00 %, last changed on 17 Jun 2026 when it was raised by 25 bp from 0.75 %.
- When did the Bank of Japan last change its rate?
- On 17 Jun 2026, when the Uncollateralized overnight call rate target was raised by 25 bp to 1.00 % from 0.75 %.
- What did the Bank of Japan decide at its last meeting?
- On 31 Jul 2026 it held the Uncollateralized overnight call rate target at 1.00 %.
- When is the next Bank of Japan rate decision?
- The next scheduled announcement is on 30 Oct 2026.
All changes since 2024
| Date | Rate | Change |
|---|---|---|
| 1.00 % | +25 bp | |
| 0.75 % | +25 bp | |
| 0.50 % | +25 bp | |
| 0.25 % | +20 bp | |
| 0.05 % | +15 bp |
Other rates in Asia
- China · People's Bank of China3.00 %
- Hong Kong SAR · Hong Kong Monetary Authority4.00 %
- India · Reserve Bank of India5.25 %
- Indonesia · Bank Indonesia5.75 %
- South Korea · Bank of Korea3.00 %
- Malaysia · Bank Negara Malaysia2.75 %
- Philippines · Bangko Sentral ng Pilipinas5.00 %
- Thailand · Bank of Thailand1.00 %
Source: BIS central bank policy rates. Latest observation 15 Sep 2026. Refreshed every 30 minutes.