China's one-year Loan Market Quote Interest Rate as of May 20

People's Bank of China, China Foreign Exchange Trading System announced the China's one-year Loan Market Quote Interest Rate as of May 20 on 2025-05-20. against a forecast of 3.00%, with the prior figure recorded as 3.10%.

Regarding the China's one-year Loan Market Quote Interest Rate as of May 20, The Loan Market Quote Rate (LPR) is a basic loan reference rate quoted by representative quoting banks based on the loan rates they offer to their best clients, formed by adding a margin to the open market operation rate, and calculated and published by the National Interbank Lending Center.

This data holds an importance level of , calculated using The Loan Prime Rate (LPR) refers to the interest rate quoted by various quoting banks based on the loan rates they offer to their most creditworthy clients, formed by adding points to the open market operation interest rate. It is calculated and published by the National Interbank Funding Center authorized by the People's Bank of China. The actual loan rates issued by banks may be adjusted up or down based on the borrower's credit situation, taking into account factors such as collateral, term, and type of interest rate fluctuation, based on the loan market quoted interest rate, and updates Announced on the 20th of each month. The next release is set for 2025-07-21 09:15:00.

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