Trivium Neopol - Econ and Finance | Logo 20 Jan 2022

LPR rates lowered

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On Thursday, China's one-year and five-year loan prime rates (LPR) fell ten basis points and five basis points, respectively.

Recall: The LPR is the benchmark lending rate for corporate and household loans.The PBoC doesn't directly control the LPR, as it is calculated from submissions by 18 com...

Snuh-ohez.

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