WS News
20 Jul 2026, 13:27
China Keeps Benchmark Loan Prime Rates Unchanged in July
China’s central bank left its benchmark lending rates unchanged in July, matching market expectations as policymakers maintained a measured approach to supporting the country’s economic recovery.
The People’s Bank of China (PBoC) kept the one-year Loan Prime Rate (LPR), the benchmark for most new corporate and household loans, at 3.00%. The five-year LPR, which serves as the reference rate for mortgages, also remained unchanged at 3.50%.
China’s central bank left its benchmark lending rates unchanged in July, matching market expectations as policymakers maintained a measured approach to supporting the country’s economic recovery.
The People’s Bank of China (PBoC) kept the one-year Loan Prime Rate (LPR), the benchmark for most new corporate and household loans, at 3.00%. The five-year LPR, which serves as the reference rate for mortgages, also remained unchanged at 3.50%.