Mizuho Long-Term Prime Rate to Rise to 27-Yr High of 2.75 Pct
Tomas Kauer - News Writer and Moderator 
Tokyo, Jan. 8 (Jiji Press)--Mizuho Bank said Thursday it will set its long-term prime lending rate for January at 2.75 pct, up from 2.60 pct at present and the highest level since 2.90 pct for February 1999. The new rate will take effect Friday. The hike reflects rising bond yields. Mizuho, one of Japan's three megabanks, will raise the rate for the fifth consecutive month. The long-te...
