China's Loan Prime Rates Remain Unchanged

BEIJING, Jan 20 (Bernama-Xinhua) -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3 per cent Tuesday, unchanged from the previous month, reported Xinhua.

The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.5 per cent, according to the National Interbank Funding Centre. 

--BERNAMA-XINHUA