Home>>
China's one-year LPR drops Monday
(Xinhua) 10:52, August 21, 2023
BEIJING, Aug. 21 (Xinhua) -- China's loan prime rate (LPR), a market-based benchmark lending rate, saw its one-year rate come in at 3.45 percent on Monday, down from the previous reading of 3.55 percent, according to the National Interbank Funding Center.
The over-five-year LPR, on which lenders base their mortgage rates, remained unchanged at 4.2 percent.
(Web editor: Zhang Kaiwei, Hongyu)
Photos
Related Stories
- China's central bank provides 35-bln-yuan new loan targeting diaster-hit regions
- China's central bank favors downward interest rates for individual housing loans
- China Construction Bank increases loan support for manufacturing
- China's rural bank issues about 1.61 trln yuan of loans in H1
- Balance of loans in Shanghai up 7.7 pct at end of June
About People's Daily Online | Join Us | Contact Us
Copyright © 2023 People's Daily Online. All Rights Reserved.
Copyright © 2023 People's Daily Online. All Rights Reserved.