China's five-year loan market quotation Intrerest Rate as of May 20

People's Bank of China, China Foreign Exchange Trading System announced the China's five-year loan market quotation Intrerest Rate as of May 20 on 2025-05-20. The reported figure stands at 3.5%, against a forecast of 3.5%, with the prior figure recorded as 3.60%.

Regarding the China's five-year loan market quotation Intrerest Rate as of May 20, The five-year Loan Prime Rate (LPR) in China is the interest rate published by the National Interbank Funding Center authorized by the People's Bank of China, used to reflect the loan rate level provided by commercial banks to their most creditworthy clients. This rate is calculated according to the loan market quotation rate formation mechanism and is mainly used to guide the pricing of loan interest rates, replacing the previous benchmark lending rate. The release of the LPR aims to promote the market-oriented reform of loans, making loan interest rates more market-oriented and transparent, and more directly influenced by market supply and demand as well as interest rate fluctuations. .

This data holds an importance level of , calculated using The Loan Market Quote Rate (LPR) is quoted by each quoting institution based on the open market operation rate (mainly referring to the medium-term lending facility rate) plus a margin, and is calculated by the National Interbank Lending Center, providing a pricing reference for bank loans, and updates Announced on the 20th of each month. The next release is set for 2025-07-21 09:15:00.

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