China Loan Prime Rate 1Y
the Loan Prime Rate (LPR) as the new lending standard for new bank loans to households and businesses, effectively displacing the central bank's one-year lending rate as the new lending benchmark it was declared on August 17th, 2019, by the People's Bank of China (PBOC). The rate is based on a weighted average of loan rates submitted by 18 commercial banks to the national interbank financing center by 9:00 a.m. CST on the 20th of each month, based on what they have bid for PBOC liquidity in open market operations.
Source:
People's Bank of China
Category:
Interest Rate
Units:
Percent
Latest Release
Previous:
3.45%
Consensus:
3.45%
Actual:
3.45%
Next Release
Date:
Dec 20, 01:15
Time left:
19 days
Data updated. Please refresh the page.
