According to the official website of the People's Bank of China, the People's Bank of China authorized the National Interbank Lending Center to announce that the loan market quoted interest rates on February 21, 2022 were: 1-year LPR was 3.7%, and LPR over 5 years was 4.6%.

2024/06/1723:38:32 hotcomm 1644

According to the official website of the People's Bank of China, the People's Bank of China authorized the National Interbank Lending Center to announce that the loan market quoted interest rates on February 21, 2022 were: 1-year LPR was 3.7%, and LPR over 5 years was 4.6%. - DayDayNews

Screenshot of the official website of the People's Bank of China.

People's Daily Online, Beijing, February 21 (Reporter Luo Zhizhi) According to the People's Bank of China official website, the People's Bank of China authorized the National Interbank Funding Center to announce that the loan market quoted interest rate (LPR) on February 21, 2022 is: The 1-year LPR is 3.7%, and the 5-year and above LPR is 4.6%.

Previously, on January 20, 2022, the 1-year LPR was 3.7%, and the 5-year and above LPR was 4.6%. It is worth noting that in January, LPR achieved a "double decrease", with the 1-year LPR falling by 10 basis points compared with the previous period, and the LPR of 5-year and above falling by 5 basis points compared with the previous period.

LPR is quoted by each quoting bank based on the open market operating interest rate (mainly referring to the medium-term lending facility interest rate) plus points, and is calculated by the National Interbank Funding Center to provide pricing reference for bank loans. At present, LPR includes two varieties: 1-year term and 5-year term or more.

Source: People's Daily Online

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