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

Jul 22 2024
Date

Upcoming Release

01:15 Aug 20 2024
In 28 Days 10 Hours 48 Minutes

Economic indicators and statistics