May LPR quotes are out: 5-year and 1-year rates both lowered by 10 basis points.

date
20/05/2025
avatar
GMT Eight
The People's Bank of China has authorized the National Interbank Funding Center to announce that the Loan Prime Rate (LPR) on May 20, 2025 is as follows: the 1-year LPR is 3.0%, and the LPR for terms of 5 years or more is 3.5%.
The People's Bank of China has authorized the National Interbank Funding Center to announce that the loan market quoted interest rate (LPR) on May 20, 2025 is: 1-year LPR is 3.0%, and 5-year LPR or longer is 3.5%. The above LPR is valid until the next release of LPR. This article is selected from the WeChat public account "CfetsOnline", edited by GMTEight: Chen Wenfang.