China Loan Prime Rate 1Y
UTC GMT +0
The People’s Bank of China (PBOC) on August 17th, 2019, designated the Loan Prime Rate (LPR) the new lending benchmark for new bank loans to households and businesses, replacing the central bank’s benchmark one-year lending rate. The rate is based on a weighted average of lending rates from 18 commercial banks, which will submit their LPR quotations, based on what they have bid for PBOC liquidity in open market operations, to the national interbank funding center before 9am CST on the 20th of every month.
Latest release
Jan 20 2025
Date
Upcoming Release
01:15 Feb 20 2025
In 10 Days 7 Hours 2 Minutes