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China unveils raft of measures to stabilize property market
The People's Bank of China and the National Financial Regulatory Administration rolled out a wave of policies on Sunday to stabilize the real estate market.
September30,2024
China to cut reverse repos rate from 1.7 pct to 1.5 pct
Pan Gongsheng, governor of the People's Bank of China, said Tuesday that the central bank will reduce the interest rate of seven-day reverse repurchases from 1.7 percent to 1.5 percent.
September24,2024
【Financial Str. Release】China's over-five-year LPR drops Tuesday
China's loan prime rate (LPR), a market-based benchmark lending rate, saw its over-five-year rate, on which lenders base their mortgage rates, come in at 3.95 percent on Tuesday, down from the previous reading of 4.2 percent.
February20,2024
China's benchmark lending rate drops on Monday
China's loan prime rate (LPR), a market-based benchmark lending rate, saw its second decline this year on Monday.
August21,2023
Economic Watch: China's lending rate drops amid strengthened policies to boost economy
China's benchmark lending rate saw its second decline this year on Monday as the government has beefed up policy support to ensure a sustained economic recovery.
August21,2023
China's benchmark lending rate lowered to bolster economic recovery
China's market-based benchmark lending rate was lowered for the first time since last August amid efforts to strengthen counter-cyclical adjustment and shore up post-COVID recovery.
June21,2023
China cuts benchmark lending rate LPR
China on Tuesday cut the market-based benchmark lending rate.
June20,2023
China's loan prime rates remain unchanged
China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.65 percent Tuesday, unchanged from the previous month.
December20,2022
Economic Watch: China cuts benchmark lending rate LPR
On Monday, China cut the market-based benchmark lending rates in a bid to shore up growth.
August23,2022
China lowers over-five-year loan prime rate
China on Friday cut a market-based benchmark lending rate, the latest move to shore up the economy.
May20,2022
【Financial Str. Release】LPR to timely reflect changes in market rates, official
China's loan prime rates (LPR), the market-based benchmark lending rates, will timely factor in changes of market rates and serve to guide down corporate borrowing costs, said Sun Guofeng, head of the Monetary Policy Department of the People's Bank of China, the country's central bank, on a press conference earlier this week.
January20,2022
China's loan prime rates remain unchanged
China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.85 percent Thursday, unchanged from the previous month.
May20,2021
China's loan prime rates remain unchanged
China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.85 percent on Monday, unchanged from the previous month.
September21,2020
China revises ceiling on private lending interest rates
The judicial protection ceiling on private lending interest rates should be set at four times China's one-year loan prime rate (LPR), according to a revised regulation made public on Thursday by the Supreme People's Court (SPC).
August21,2020
China's LPR reform yields fruitful results: central bank
China's loan prime rate (LPR) reform has improved independent pricing capabilities of financial institutions and the transmission efficiency of market interest rates, according to a central bank report.
June02,2020
China rolls out swaptions, collar options pegged to LPRs Tue.
China's National Interbank Funding Center (CNIFC) on Tuesday launched interest-rate options products pegged to loan primate rates (LPRs), reported Xinhua Finance, a financial information platform run by Xinhua News Agency.
March24,2020
China's loan prime rates unchanged amid flexible, prudent monetary policy
China's one-year LPR, a market-based benchmark lending rate, came in at 4.05 percent Friday, unchanged from the previous monthly adjustment, as the country's flexible and prudent monetary policy creates enough leeway for lenders to better support an economy hit by the novel coronavirus outbreak.
March20,2020
China's one-year loan prime rate drops
China's one-year loan prime rate (LPR) came in at 4.05 percent Thursday, down from 4.15 percent a month earlier, according to the National Interbank Funding Center.
February21,2020
Economic Watch: Lower lending rate to boost market liquidity, douse virus impact
China's new market-oriented benchmark lending rate fell Thursday, a boost to market liquidity and a boon for small and medium-sized firms amid the country's fight against the epidemic.
February21,2020
Central bank lowers lending benchmark amid outbreak
China's new benchmark lending rate, the one-year loan prime rate (LPR), dropped by 0.1 percentage point to 4.05 percent on Thursday, marking latest measure of the central bank to lower financing costs for enterprises and support their production resumption amid the novel coronavirus outbreak.
February20,2020
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