Tokyo, April 9 (Jiji Press)–Mizuho Bank said Thursday it will raise its long-term prime lending rate by 0.2 percentage point to 3 pct, its highest level in about 29 years, effective Friday. The move by the Japanese bank comes in response to higher bond yields. END [Copyright The Jiji Press, Ltd.]
Mizuho to Raise Long-Term Prime Rate to 3 Pct