The LPR (Loan Prime Rate) for December has been released: the interest rates for both the 5-year and 1-year terms remain unchanged.

The People's Bank of China authorizes the National Interbank Funding Center to announce that the loan market quoted interest rate (LPR) on December 20, 2024 is: 1-year LPR is 3.1%, and LPR for 5 years and above is 3.6%. The above LPR is valid until the next release of LPR. This article is excerpted from the official website of the People's Bank of China, edited by GMTEight: Li Fo.