People's Bank of China's Loan Prime Rate setting.
Earlier this week the MLF rate was left unchanged which is usually a good indication that the LPRs will be left untouched.
Current LPRs, unchanged for the 8th consecutive month:
- 3.65% for the one year
- most new and outstanding loans in China are based on the one-year LPR
- 4.30% for the five year
- most home mortgage rates are based on the five-year