La información proporcionada en EL7.AI es solo con fines educativos e informativos y no constituye asesoramiento financiero.
La información proporcionada en EL7.AI es solo con fines educativos e informativos y no constituye asesoramiento financiero.
The 5-year Loan Prime Rate (LPR) is the primary benchmark interest rate used by commercial banks in China to price long-term credit, most notably residential mortgages. It is a critical tool for the People's Bank of China (PBOC) to influence the housing market and long-term corporate investment. Changes in this rate directly affect borrowing costs for households and large-scale infrastructure projects.
The rate is calculated based on quotes provided by a panel of 20 designated commercial banks, which are submitted as a spread over the Medium-term Lending Facility (MLF) rate.
No sustained trend detected for Loan Prime Rate 5Y. Forecast accuracy is 90% over 40 readings. The release is expected near the consensus forecast of 3.5.
No sustained trend detected for Loan Prime Rate 5Y (Feb). Forecast accuracy is 90% over 6 readings. The release is expected near the consensus forecast of 3.5.