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China's loan prime rates remain unchanged

(Xinhua) 11:02, November 20, 2024

BEIJING, Nov. 20 (Xinhua) -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.1 percent Wednesday, 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 3.6 percent, according to the National Interbank Funding Center. 

(Web editor: Zhong Wenxing, Liang Jun)

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