Historical Year Data · 2023
Japan Overnight Call Rate Target in 2023
Japan Overnight Call Rate Target opened 2023 at -0.02% and closed at -0.01%, a +40.00% move for the year. The high of -0.01% was reached on December 1, and the low of -0.07% on June 1.
Open
-0.02%
2023-01
Close
-0.01%
12 data points
High
-0.01%
Dec 1
Low
-0.07%
Jun 1
Full Year Change
+40.00%
2022 Change
-483.33%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | -0.02% | -0.02% | -0.02% | -0.02% | +0.00% |
| Feb | -0.02% | -0.02% | -0.02% | -0.02% | +0.00% |
| Mar | -0.02% | -0.02% | -0.02% | -0.02% | +0.00% |
| Apr | -0.01% | -0.01% | -0.01% | -0.01% | +0.00% |
| May | -0.05% | -0.05% | -0.05% | -0.05% | +0.00% |
| Jun | -0.07% | -0.07% | -0.07% | -0.07% | +0.00% |
| Jul | -0.05% | -0.05% | -0.05% | -0.05% | +0.00% |
| Aug | -0.06% | -0.06% | -0.06% | -0.06% | +0.00% |
| Sep | -0.05% | -0.05% | -0.05% | -0.05% | +0.00% |
| Oct | -0.02% | -0.02% | -0.02% | -0.02% | +0.00% |
| Nov | -0.01% | -0.01% | -0.01% | -0.01% | +0.00% |
| Dec | -0.01% | -0.01% | -0.01% | -0.01% | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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