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Official Development Assistance Loans

Terms and Conditions of Japanese ODA Loans

Terms and Conditions of Japanese ODA Loans (Effective from April 1, 2005)

CategoryGNI Per Capita
(2003)
Standard / OptionInterest Rate
(%)
Repayment Period
(Year)
Grace Period
(Year)
Conditions
for
Procurement
Least Developed Countries General TermsStandard0.903010Untied
Option 10.85257
Option 20.80206
Option 30.75155
Preferential TermsStandard0.754010Untied
Option 10.653010
Option 20.60206
Option 30.50155
Low-Income Countries
-US$765
General TermsStandard1.303010Untied
Option 11.00257
Option 20.85206
Option 30.75155
Preferential TermsStandard0.754010Untied
Option 10.653010
Option 20.60206
Option 30.50155
STEPStandard0.404010Tied
Option0.303010
Lower-Middle-Income CountriesUS$766
-US$1,465
General TermsStandard1.503010Untied
Option 10.90206
Option 20.80155
Preferential TermsStandard0.754010Untied
Option 10.653010
Option 20.60206
Option 30.50155
STEPStandard0.404010Tied
Option0.303010
Middle-Income CountriesUS$1,466
-US$3,035
General TermsStandard1.50257Untied
Option 11.05206
Option 20.90155
Preferential TermsStandard0.754010Untied
Option 10.653010
Option 20.60206
Option 30.50155
STEPStandard0.404010Tied
Option 0.303010
Upper-Middle-Income CountiesUS$3,036
-US$5,295
General TermsStandard2.00257Untied
Option 11.80206
Option 21.60155
Preferential TermsStandard1.20257Untied
Option 10.90206
Option 20.75155
Options for Program Type Japanese ODA LoanIn case of co-financing, it is possible to apply the same repayment terms as co-financer's lending while maintaining the concessionality of ODA loans.

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