Press "Enter" to skip to content

China keeps reference lending rate unchanged for 2nd straight month, some expect rate cut on MLF, OMO


China kept its benchmark rate for banks' lending unchanged for the second month in a row on Monday, after the central bank left borrowing costs of medium-term loans unchanged earlier this month.

The one-year loan prime rate (LPR) was kept unchanged at 4.15 per cent from the previous monthly fixing. The five-year LPR also remained the same at 4.80 per cent.

The market has been divided over whether the benchmark . . .

To continue reading, please subscribe. You will get


  • IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
  • THE WIRE  - up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
  • DETAILS - We bring you details that you won't find elsewhere. General information is everywhere, but information with details and relevant to your investment is rare. 


FREE TRIAL cancel anytime


We highly value independence. We are solely funded by subscriptions from intelligent readers like you. 

Already have an account? Sign In