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PBOC Loan Prime Rates (LPR) remain unchanged at today's rate setting, as expected
People's Bank of China policy rate settingCurrent LPRs, which have unchanged for 9 consecutive months:3.65% for the one yearmost new and outstanding loans in China are based on the one-year LPR4.30% for the five yearmost home mortgage rates are based on the five-yearPBOC's Loan Prime Rate (LPR)It is an interest rate benchmark used in China, set by the People's Bank of China each month. Set on the 20th, but given that was Saturday its being set today instead. While set on the 20th (22nd this mont...
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Posted: May 22 2023, 01:16
Author Name: forexlive
Views: 081536