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15 July 2015

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China's Loan Prime Rates Remain Unchanged

2024-12-20 T | T Download Print
BEIJING, Dec. 20 (Xinhua) -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.1 percent Friday, unchanged from the previous month.

The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.6 percent, according to the National Interbank Funding Center.

Source: Xinhua