China Keeps Loan Prime Rates Unchanged for 17th Month
The People’s Bank of China held its one-year and five-year loan prime rates unchanged, as widely expected.
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The People’s Bank of China held its one-year and five-year loan prime rates unchanged, as widely expected.
China’s 10-year government bond yield fell to around 1.65% on Tuesday, hovering near its lowest level since June 2025 after the People’s Bank of China left its benchmark lending rates unchanged. The central bank kept the one-year loan prime rate at 3% and the five-year rate at 3.5%, holding both at record lows for a 17
China held the one-year loan prime rate at 3.00% and the five-year rate at 3.50% in October, in line with market expectations.