The People’s Bank of China ((PBoC)) kept the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages
Both rates are at record lows following rate cuts last year in October and July.
The People’s Bank of China ((PBoC)) kept the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages
Both rates are at record lows following rate cuts last year in October and July.
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