The loan market quoted interest rate for five years in China as of April 21.

People's Bank of China, China Foreign Exchange Trading System announced the The loan market quoted interest rate for five years in China as of April 21. on 2025-04-21. The reported figure stands at 3.6%, against a forecast of 3.60%, with the prior figure recorded as 3.60%.

Regarding the The loan market quoted interest rate for five years in China as of April 21., The five-year Loan Prime Rate (LPR) in China is the interest rate published by the National Interbank Funding Center authorized by the People's Bank of China, which reflects the loan interest rate level provided by commercial banks to their most creditworthy clients. This rate is calculated based on the mechanism for forming the loan market quotation rate and is mainly used to guide the pricing of loan interest rates, replacing the previous benchmark loan rate. The release of the LPR aims to promote the market-oriented reform of loans, making loan interest rates more market-driven and transparent, and more directly influenced by market supply and demand and interest rate changes. .

This data holds an importance level of , calculated using The Loan Market Quote Rate (LPR) is quoted by each quoting bank based on the Open Market Operation Rate (mainly referring to the Medium-term Lending Facility Rate) plus a spread, and is calculated by the National Interbank Funding Center, providing a pricing reference for bank loans, and updates Announced on the 20th of every month. The next release is set for 2025-05-20 09:00:00.

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