China cuts key mortgage rate to revive market
China announced its largest ever reduction in the benchmark mortgage rate on Tuesday, in an effort to assist the…
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LPR
China’s lending benchmark remains the same
China has kept its lending rates benchmark unchanged for the seventh month in March, as the economy recovers…
China central bank cuts a key lending rate to help boost coronavirus-hit economy
China’s central bank has cut the loan prime rate on Thursday in a widely-anticipated step to help lower borrowing…
China’s central bank to use LPR for pricing existing floating-rate loans
China’s central bank on Saturday announced it would use the loan prime rate (LPR) as a new benchmark for pricing…
