China’s loan prime rates remain unchanged

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Xinhua News

20th September 2022 – (Hong Kong) China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.65 percent Tuesday, 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 4.3 percent, according to the National Interbank Funding Centre. 

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