China's loan prime rates remain unchanged-Xinhua

China's loan prime rates remain unchanged

Source: Xinhua

Editor: huaxia

2023-11-20 09:29:15

BEIJING, Nov. 20 (Xinhua) -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Monday, 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 4.2 percent, according to the National Interbank Funding Center.