China leaves benchmark lending rates unchanged for ninth straight month
ReutersFeb 24, 2026 1:04 AM
SHANGHAI, Feb 24 (Reuters) - China left benchmark lending rates unchanged for a ninth consecutive month in February on Tuesday.
The one-year loan prime rate (LPR) CNYLPR1Y=CFXS was kept at 3.0%, while the five-year LPR CNYLPR5Y=CFXS was unchanged at 3.5%.
Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages.
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