China’s one-year loan prime rate (LPR) remained at 3.85 per cent, while the five-year LPR was also steady at 4.65 per cent. Photo: Reuters
China’s one-year loan prime rate (LPR) remained at 3.85 per cent, while the five-year LPR was also steady at 4.65 per cent. Photo: Reuters
China economy
Economy /  China Economy

China ‘unsurprisingly’ keeps benchmark loan rate unchanged for second straight month

  • The one-year loan prime rate (LPR) remained at 3.85 per cent, while the five-year LPR was also steady at 4.65 per cent
  • The People’s Bank of China (PBOC) rolled over some maturing medium-term loans last week, while keeping interest rates unchanged for the second straight month in a row

Reuters
Reuters

Updated: 10:27am, 22 Jun, 2020

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China’s one-year loan prime rate (LPR) remained at 3.85 per cent, while the five-year LPR was also steady at 4.65 per cent. Photo: Reuters
China’s one-year loan prime rate (LPR) remained at 3.85 per cent, while the five-year LPR was also steady at 4.65 per cent. Photo: Reuters
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