1 year LPR 3.80% for the first rate cut since April of 2020
expected 3.85%, prior 3.85%
5 year LPR remains at 4.65%
expected 4.65%, prior 4.65%
more to come
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China loan rates: 1 year 3.80% (cut from 3.85%) and 5 year 4.65% (unchanged)
- Loan Prime Rate (LPR) setting from the People's Bank of China (PBOC)
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