The April LPR Quotation Was Released: Both the 5-Year and 1-Year Rates Remained Unchanged
The People's Bank of China authorized the National Interbank Funding Center to announce the Loan Prime Rate (LPR) for April. The 5-year LPR remained at 3.6%, unchanged from the previous month. The 1-year LPR also stayed at 3.1%, the same as last month.Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.