China’s LPR Remain Unchanged

Beijing, June 22 (QNA) – China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, stood at 3% on Monday, unchanged from the previous month.

The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged at 3.5%, Xinhua News Agency said, according to the China National Interbank Funding Center (NIFC). (QNA)