Current location:Global Glossary news portal > opinions
China's loan prime rates remain unchanged
Global Glossary news portal2024-05-21 10:00:14【opinions】7People have gathered around
Introduction(Xinhua) 11:20, January 22, 2024BEIJING, Jan. 22 (Xinhua) -- China's one-year loan prime rate (LPR),
BEIJING, Jan. 22 (Xinhua) -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Monday, 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 4.2 percent, according to the National Interbank Funding Center.
China lowered the one-year rate by 10 basis points to 3.45 percent in August 2023. The over-five-year rate was slashed by 10 basis points to 4.2 percent in June last year.
The monthly data is a pricing reference for banks that is based on the rates of the central bank's open market operations, especially the medium-term lending facility rate.
Address of this article:http://centralafricanrepublic.unhasdecoradas.org/html-61b899872.html
Very good!(858)
Related articles
- Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
- Dozens of desperate patients queue 'around the block' before 8am for GP appointment
- Last month was officially the hottest March on RECORD with global temperatures 0.73°C above average
- Subway announces major menu shake
- Georgia Republicans choose Amy Kremer, organizer of pro
- Surf board
- Last month was officially the hottest March on RECORD with global temperatures 0.73°C above average
- How to tell if you have the sleep disorder that even doctors don't know about
- Lynn Williams breaks NWSL goal
- REVEALED: The truth about viral food influencer Eddie Abbew
Popular articles
- Strictly star Giovanni Pernice's former partner Rose Ayling
- Moment police arrest teenager Brian Cohee who hid head of homeless man he murdered in closet
- Aldi is offering customers FREE beauty products before they even hit shelves
- What REALLY happened the night of OJ Simpson and Kris Jenner allegedly hooked up in the hot tub
Recommended
The Latest
The black market dealers delivering Elon Musk's Starlink to US adversaries
Major NHS shake
Meet The Richardsons fans fear show will be cancelled after Jon Richardson and Lucy Beaumont's nine
Ricky Stenhouse punching Kyle Busch could lead to suspension
Nasa vs Nessie: Space agency asked to assist new hunt...
Hong Kong's leading bookstores decline to stock new book by last governor Chris Patten
The Apprentice star Tre Lowe shares Lord Sugar's secret five
Links
- The serial dine
- He's out! Monty Panesar pulls stumps on his bid to become an MP for George Galloway's party as ex
- London is set to become 'Manhattan
- Fascinating graphic shows exactly what ultra
- Hero father who 'protected his wife and daughter from sword
- First round of PGA Tour Champions' Regions Tradition starts after weather delay
- Hunger in Gaza: What are the latest obstacles to bringing aid?
- Spanish court shelves latest tax probe of Shakira following prosecutors' recommendation
- Canucks overcome 3
- I'm a vet and here's how to keep your dog safe in warmer weather