ICYMI – China left benchmark lending charges unchanged for November, as anticipated

China left benchmark
lending rates unchanged today, in
line with market expectations:

• one-year mortgage prime charge (LPR) stored at three.1%
• five-year LPR unchanged at three.6%
• China broadly anticipated to maintain benchmark lending charges unchanged this week … the Reuters survey of 28 market members had all respondents anticipating the charges to remain unchanged

Most new and excellent loans in China are primarily based on the
one-year LPR, whereas the five-year charge influences the pricing of
mortgages.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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