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Loan Prime Rate 1Y
The 'Loan Prime Rate 1Y' in China is a benchmark interest rate set by the People's Bank of China, representing the lending rate that banks offer to their most creditworthy customers for one-year loans. It is a critical tool for monetary policy, influencing borrowing costs, consumer spending, and investment in the economy. Changes in the Loan Prime Rate can signal the central bank's stance on economic growth and inflation, impacting financial markets and economic activity. Its significance lies in its role as a reference rate for other loans and its ability to guide economic expectations and financial stability in China.Next Event
Aug 20, 2025
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3%
3%
Historical Data
Jul 21, 2025
3%
3%
Jun 20, 2025
3%
3%
May 20, 2025
3%
3%
Apr 21, 2025
3.1%
3.1%
Mar 20, 2025
3.1%
3.1%
Feb 20, 2025
3.1%
3.1%
Jan 20, 2025
3.1%
3.1%
Dec 20, 2024
3.1%
3.1%
Nov 20, 2024
3.1%
3.1%
Oct 21, 2024
3.1%
3.15%
Rows:
Historical Chart
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Country
CurrencyCNY
Commodities
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Other Indicators
+4.33%
+4.50%
+7.50%
+4.29%
+4.20%
+0.66%