China’s Loan Prime Rates Remain Unchanged

BEIJING, June 20 (Xinhua) — China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Thursday, unchanged from the previous month.

   The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.95 percent, according to the National Interbank Funding Center.