China’s loan prime rate (LPR) 对于 October has remained unchanged 对于 的 sixth consecutive month.
The LPR’s issued by China’s National Interbank Funding Center (全国银行间同业拆借中心) on 20 October were 3.85% 对于 的 one year LPR 和 4.65% 对于 的 five year LPR – 的 same as 的 previous month.
China’s LPR’s have remained at 的 same level since 20 April, when 的 one year LPR fell by 20 basis 点数 compared to 的 March reading of 4.05%, 和 的 five year LPR fell by 10 basis points from 4.75%.
The LPR in China is 的 lending rate 提供 by commercial banks to 的ir 最高的 quality customers, 和 serves as 的 benchmark for rates provided for other loans.
国家银行间同业拆借中心是指定的发行人 the LPR, 和 releases 的 figures at 9:30 am on 的 20th of each month, after first collecting quotes 从 的 group of reporting banks 和 calculating 的 average of 的se quotes following exclusion of the lowest and highest quotes.