The one-year loan prime rate (LPR) was kept unchanged at 3.85 per cent, while the five-year LPR remained at 4.65 per cent. Photo: Xinhua
China keeps loan rate steady for fourth straight month
- The one-year loan prime rate (LPR) was kept unchanged at 3.85 per cent, while the five-year LPR remained at 4.65 per cent
- Most new and outstanding loans are based on the LPR, while the five-year rate influences the pricing of mortgages
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The one-year loan prime rate (LPR) was kept unchanged at 3.85 per cent, while the five-year LPR remained at 4.65 per cent. Photo: Xinhua