China’s Loan Prime Rates Remain Unchanged

China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 % Monday, unchanged from the previous month. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.95 %, according to China's National Interbank Funding Center. Source: Qatar News Agency