China’s one-year loan prime rate (LPR) remained unchanged at 3.70 per cent, the People’s Bank of China (PBOC) said on Monday, while the five-year LPR, which is the reference for mortgages, also remained unchanged at 4.65 per cent. Photo: AFP
China’s one-year loan prime rate (LPR) remained unchanged at 3.70 per cent, the People’s Bank of China (PBOC) said on Monday, while the five-year LPR, which is the reference for mortgages, also remained unchanged at 4.65 per cent. Photo: AFP

China loan rate cuts ‘not over yet’ despite keeping lending benchmark unchanged in March

  • China’s one-year loan prime rate (LPR) remained unchanged at 3.70 per cent, the People’s Bank of China (PBOC) said on Monday
  • The five-year LPR, which is the reference for mortgages, also remained unchanged at 4.65 per cent

China’s one-year loan prime rate (LPR) remained unchanged at 3.70 per cent, the People’s Bank of China (PBOC) said on Monday, while the five-year LPR, which is the reference for mortgages, also remained unchanged at 4.65 per cent. Photo: AFP
China’s one-year loan prime rate (LPR) remained unchanged at 3.70 per cent, the People’s Bank of China (PBOC) said on Monday, while the five-year LPR, which is the reference for mortgages, also remained unchanged at 4.65 per cent. Photo: AFP
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