Category | GNI Per Capita (2005) | Standard / Option | Interest Rate (%) | Repayment Period (Year) | Grace Period (Year) | Conditions for Procurement | |
---|---|---|---|---|---|---|---|
Least Developed Countries | Low-Income Countries | Minimal Interest Rate "MIRAI" | 0.01 | 40 | 10 | Untied | |
General Terms | Standard | 0.80 | 30 | 10 | Untied | ||
Option 1 | 0.75 | 25 | 7 | ||||
Option 2 | 0.70 | 20 | 6 | ||||
Option 2 | 0.65 | 15 | 5 | ||||
Preferential Terms | Standard | 0.75 | 40 | 10 | Untied | ||
Option 1 | 0.65 | 30 | 10 | ||||
Option 2 | 0.60 | 20 | 6 | ||||
Option 2 | 0.50 | 15 | 5 | ||||
Low-Income Countries | -US$ 875 | General Terms | Standard | 1.30 | 30 | 10 | Untied |
Option 1 | 1.00 | 25 | 7 | ||||
Option 2 | 0.85 | 20 | 6 | ||||
Option 2 | 0.75 | 15 | 5 | ||||
Preferential Terms | Standard | 0.75 | 40 | 10 | Untied | ||
Option 1 | 0.65 | 30 | 10 | ||||
Option 2 | 0.60 | 20 | 6 | ||||
Option 2 | 0.50 | 15 | 5 | ||||
STEP | Standard | 0.40 | 40 | 10 | Tied | ||
Option | 0.30 | 30 | 10 | ||||
Lower- Middle-Income Countries | US$ 876 -US$1,675 | General Terms | Standard | 1.50 | 30 | 10 | Untied |
Option 1 | 0.90 | 20 | 6 | ||||
Option 2 | 0.80 | 15 | 5 | ||||
Preferential Terms | Standard | 0.75 | 40 | 10 | Untied | ||
Option 1 | 0.65 | 30 | 10 | ||||
Option 2 | 0.60 | 20 | 6 | ||||
Option 2 | 0.50 | 15 | 5 | ||||
STEP | Standard | 0.40 | 40 | 10 | Tied | ||
Option | 0.30 | 30 | 10 | ||||
Middle-Income Countries | US$1,676 -US$3,465 | General Terms | Standard | 1.50 | 25 | 7 | Untied |
Option 1 | 1.05 | 20 | 6 | ||||
Option 2 | 0.90 | 15 | 5 | ||||
Preferential Terms | Standard | 0.75 | 40 | 10 | Untied | ||
Option 1 | 0.65 | 30 | 10 | ||||
Option 2 | 0.60 | 20 | 6 | ||||
Option 2 | 0.50 | 15 | 5 | ||||
STEP | Standard | 0.40 | 40 | 10 | Tied | ||
Option | 0.30 | 30 | 10 | ||||
Upper- Middle-Income Countries | US$3,466 -US$6,055 | General Terms | Standard | 1.70 | 25 | 7 | Untied |
Option 1 | 1.60 | 20 | 6 | ||||
Option 2 | 1.50 | 15 | 5 | ||||
Preferential Terms | Standard | 1.20 | 25 | 7 | Untied | ||
Option 1 | 1.00 | 20 | 6 | ||||
Option 2 | 0.60 | 15 | 5 | ||||
Consulting Services | For consulting services, the interest rate will be minimal (0.01%) and the repayment, grace periods and conditions for procurement will be the same as those for main components. | ||||||
Options for Program Type Japanese ODA Loan | In case of co-financing, it is possible to apply the same repayment terms as co-financer's lending while maintaining the concessionality of Japanese ODA loans. For countries complying with ongoing IMF-supported programs or receiving grants from IDA, it is possible to modify the terms and conditions of the Japanese ODA Loan so as to meet the IMF's concessionality criteria. |