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OECD: THE ARRANGEMENT FOR OFFICIALLY SUPPORTED EXPORT CREDITS
Paris, 07 March 2017
NUCLEAR POWER PLANTS
Changes in Minimum Commercial Interest Reference Rates (CIRRs)
1
The Arrangement for Officially Supported Export Credits (the Arrangement) stipulates that minimum interest rates shall
apply to official financing support for export credits. The minimum interest rates are the relevant Commercial Interest
Reference Rates (CIRRs), according to the currencies being used.
2
A CIRR is fixed for some currencies by the Participants to the Arrangement. CIRRs are set on the 15th of each month. CIRRs
for the period from 15 March until 14 April 2017 are listed below (the previous month’s rates are listed in the third and
fourth columns).
Currency of country
Australian Dollar
Canadian Dollar
Czech Koruna
Danish Krone
Repayment Terms New Nuclear
All Other
New Nuclear
2
Power
Power
Contracts
1
Stations
Stations1
< 11 years
>= 11 to <=12 years
>12 to <=13 years
>13 to <=14 years
>14 to <=15 years
>15 to <=16 years
>16 to <=17 years
>17 to <=18 years
< 11 years
>= 11 to <=12 years
>12 to <=13 years
>13 to <=14 years
>14 to <=15 years
>15 to <=16 years
>16 to <=17 years
>17 to <=18 years
< 11 years
>= 11 to <=12 years
>12 to <=13 years
>13 to <=14 years
>14 to <=15 years
>15 to <=16 years
>16 to <=17 years
>17 to <=18 years
< 11 years
>= 11 to <=12 years
>12 to <=13 years
>13 to <=14 years
>14 to <=15 years
>15 to <=16 years
>16 to <=17 years
>17 to <=18 years
All Other
Contracts2
15-03-2017 to 14-04-2017
15-02-2017 to 14-03-2017
CIRR according to article 20 of the Arrangement
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
2.36
2.36
2.40
2.40
2.67
2.56
2.71
2.60
2.79
2.67
2.81
2.71
2.79
2.67
2.81
2.71
2.95
2.79
2.97
2.81
3.00
2.79
3.02
2.81
3.00
2.90
3.02
2.92
1.37
1.37
1.18
1.18
1.52
1.57
1.38
1.38
1.71
1.52
1.57
1.38
1.71
1.52
1.57
1.38
1.81
1.71
1.69
1.57
1.86
1.71
1.74
1.57
1.86
1.76
1.74
1.64
0.93
0.93
1.16
1.16
1.12
1.13
1.41
1.36
1.46
1.12
1.74
1.41
1.46
1.12
1.74
1.41
1.64
1.46
1.79
1.74
1.69
1.46
1.84
1.74
1.69
1.59
1.84
1.74
____________________________________________________________
General Inquiries: Tel. (33) 1 45 24 89 11 - Fax. (33)1 44 30 61 58
e-mail: [email protected]
1
Currency of country
Japanese Yen
Norwegian Krone
Swedish Krona
Swiss Franc
UK Pound
US Dollar
All Other
New Nuclear
2
Power
Power
Contracts
1
Stations
Stations1
< 11 years
>= 11 to <=12 years
>12 to <=13 years
>13 to <=14 years
>14 to <=15 years
>15 to <=16 years
>16 to <=17 years
>17 to <=18 years
< 11 years
>= 11 to <=12 years
>12 to <=13 years
>13 to <=14 years
>14 to <=15 years
>15 to <=16 years
>16 to <=17 years
>17 to <=18 years
< 11 years
>= 11 to <=12 years
>12 to <=13 years
>13 to <=14 years
>14 to <=15 years
>15 to <=16 years
>16 to <=17 years
>17 to <=18 years
< 11 years
>= 11 to <=12 years
>12 to <=13 years
>13 to <=14 years
>14 to <=15 years
>15 to <=16 years
>16 to <=17 years
>17 to <=18 years
< 11 years
>= 11 to <=12 years
>12 to <=13 years
>13 to <=14 years
>14 to <=15 years
>15 to <=16 years
>16 to <=17 years
>17 to <=18 years
< 11 years
>= 11 to <=12 years
>12 to <=13 years
>13 to <=14 years
>14 to <=15 years
>15 to <=16 years
>16 to <=17 years
>17 to <=18 years
All Other
Contracts2
15-03-2017 to 14-04-2017
15-02-2017 to 14-03-2017
0.98
0.98
0.95
0.95
1.24
1.18
1.20
1.15
1.26
1.24
1.22
1.20
1.26
1.24
1.22
1.20
1.34
1.26
1.31
1.22
1.39
1.26
1.36
1.22
1.39
1.29
1.36
1.26
2.36
2.36
2.44
2.44
2.70
2.56
2.76
2.64
2.83
2.70
2.89
2.76
2.83
2.70
2.89
2.76
3.01
2.83
3.07
2.89
3.06
2.83
3.12
2.89
3.06
2.96
3.12
3.02
1.23
1.23
1.22
1.22
1.43
1.43
1.42
1.42
1.64
1.43
1.63
1.42
1.64
1.43
1.63
1.42
1.91
1.64
1.90
1.63
1.96
1.64
1.95
1.63
1.96
1.86
1.95
1.85
0.51
0.51
0.65
0.65
0.82
0.71
0.96
0.85
0.91
0.82
1.05
0.96
0.91
0.82
1.05
0.96
1.04
0.91
1.18
1.05
1.09
0.91
1.23
1.05
1.09
0.99
1.23
1.13
1.89
1.89
2.01
2.01
2.24
2.09
2.36
2.21
2.38
2.24
2.50
2.36
2.38
2.24
2.50
2.36
2.56
2.38
2.67
2.50
2.61
2.38
2.72
2.50
2.61
2.51
2.72
2.62
3.22
3.22
3.23
3.23
3.49
3.42
3.50
3.43
3.55
3.49
3.57
3.50
3.55
3.49
3.57
3.50
3.67
3.55
3.68
3.57
3.72
3.55
3.73
3.57
3.72
3.62
3.73
3.63
____________________________________________________________
2
Currency of country
Euro
All Other
New Nuclear
2
Power
Power
Contracts
1
Stations
Stations1
< 11 years
>= 11 to <=12 years
>12 to <=13 years
>13 to <=14 years
>14 to <=15 years
>15 to <=16 years
>16 to <=17 years
>17 to <=18 years
All Other
Contracts2
15-03-2017 to 14-04-2017
15-02-2017 to 14-03-2017
0.92
0.92
0.98
0.98
1.28
1.12
1.34
1.18
1.43
1.28
1.48
1.34
1.43
1.28
1.48
1.34
1.61
1.43
1.65
1.48
1.66
1.43
1.70
1.48
1.66
1.56
1.70
1.60
N.B. A premium of 0.2 per cent is to be added to the CIRRs when fixing at bid. Interest rates may not be fixed for longer than 120
days.
1
Article 1.a)1) of Annex II of the Arrangement refers
2 Articles 1.a)2)-4) of Annex II of the Arrangement refer
Organisation for Economic Co-operation and Development, 2 rue André-Pascal, 75775 Paris Cedex 16, France
Tel. (33) 1 45 24 82 00 - Fax. (33) 1 45 24 85 00 Internet: www.oecd.org
____________________________________________________________
3

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