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Mizuho to Raise Long-Term Prime Rate to 14-Year High

Mizuho to Raise Long-Term Prime Rate to 14-Year High

   Tokyo, June 10 (Jiji Press)--Mizuho Bank said Monday that it will raise its long-term prime lending rate by 0.1 percentage point to 1.8 pct, effective Tuesday, the highest level since November 2009.
   The Japanese bank will raise the long-term prime rate, a benchmark for interest rates on loans of one year or longer extended to large companies, for the second consecutive month.

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AFP-JIJI PRESS NEWS JOURNAL


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