• PBoC keeps Loan Prime Rates (LPR) unchanged

Market news

20 September 2023

PBoC keeps Loan Prime Rates (LPR) unchanged

The People's Bank of China (PBoC), as was expected, decided to leave the 1-year and 5-year Loan Prime Rates (LPR) unchanged at 3.45% and 4.20% respectively. The 1-year rate was cut last month by 10 bps from 3.55% prior.

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