China's loan prime rates remain unchanged

Source: Xinhua| 2021-08-20 09:45:28|Editor: huaxia

BEIJING, Aug. 20 (Xinhua) -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.85 percent Friday, 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 4.65 percent, according to the National Interbank Funding Center. Enditem

KEY WORDS: China,Banking,LPR