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    China's loan prime rates remain unchanged

    (Xinhua) 11:04, July 20, 2022

    BEIJING, July 20 (Xinhua) -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.7 percent Wednesday, 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 4.45 percent, according to the National Interbank Funding Center. 

    (Web editor: Wu Chaolan, Hongyu)

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