People's Bank of China, China Foreign Exchange Trading Center announced the The five-year loan market quoted interest rate in China as of June 20. on 2025-06-20. against a forecast of 3.50%, with the prior figure recorded as 3.50%.
Regarding the The five-year loan market quoted interest rate in China as of June 20., The five-year Loan Prime Rate (LPR) in China is the interest rate published by the National Interbank Funding Center authorized by the People's Bank of China, used to reflect the loan interest rate level that commercial banks offer to their most creditworthy clients. This rate is calculated according to the formation mechanism of the loan market quotation rate and is primarily used to guide the pricing of loan interest rates, replacing the previous benchmark loan interest rate. The release of the LPR aims to promote the market-oriented reform of loans, making loan interest rates more market-oriented, transparent, and more directly influenced by market supply and demand as well as interest rate fluctuations.
This data holds an importance level of , calculated using The Loan Prime Rate (LPR) is quoted by each quoting bank based on the open market operation rate (mainly referring to the Medium-term Lending Facility rate) plus a margin. It is calculated by the National Interbank Funding Center and provides a pricing reference for bank loans, and updates Announced on the 20th of each month. The next release is set for 2025-07-21 09:00:00.
This content is AI-generated.Please verify before use.
Disclaimer: The content related to future events does not represent Gate’s position, nor does it constitute any investment advice, nor is it an endorsement of any third parties.