China 1 and 5 year LPR set at 3.85% and 4.65% respectively
The LPR is the Loan prime Rate, set in reference to the rate on the PBOC's medium-term lending facility (MLF)
- its a lending reference rate set monthly by 18 banks.
Previous monthly setting :
- 1 year 3.85%
- 5-year 4.65%
No change today.