China Loan Prime Rate

Data Monetary Policy

Source: People’s Bank of China
Source Link: http://www.pbc.gov.cn/
Frequency: Monthly
Next Release(s): October 19th, 2025 9:15 PM

Latest Updates

China kept its loan prime rates unchanged in September for the fourth straight month:
- The 1-year loan prime rate was unchanged at 3.0%.
- The 5-year loan prime rate was unchanged at 3.5%.
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China kept its loan prime rates unchanged in August for the third straight month:
- The 1-year loan prime rate was unchanged at 3.0%.
- The 5-year loan prime rate was unchanged at 3.5%.
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China kept its loan prime rates unchanged in July for the second straight month:
- The 1-year loan prime rate was unchanged at 3.0%.
- The 5-year loan prime rate was unchanged at 3.5%.
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China kept its loan prime rates unchanged in June after small rate cuts in May:
- The 1-year loan prime rate was unchanged at 3.0%.
- The 5-year loan prime rate was unchanged at 3.5%.
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China dropped its loan prime rates in May.
- The 1-year loan prime rate was dropped -0.1 ppt to 3.0%, the first change since October 2024.
- The 5-year loan prime rate was dropped -0.1 ppt to 3.5%, also the first change since October 2024.
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China kept its loan prime rates unchanged in April.
- The 1-year loan prime rate is unchanged at 3.1% where its been since October 2024.
- The 5-year loan prime rate is unchanged at 3.6% where its been since October 2024.
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China keeps its loan prime rates unchanged in March. The 1-year loan prime rate will remain at 3.1%, and the 5-year loan prime rate will remain at 3.6%, both in line with expectations.

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The PBoC keeps its loan prime rates unchanged in February. The 1-year rate remains at 3.1%, and the 5-year rate remains at 3.6%. China’s 10-year government bond yield increased 1 bps to 1.71% following the pause.

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The PBoC held its loan prime rates unchanged last night. The 1-year loan prime rate remains at 3.1%, and the 5-year loan prime rate remains at 3.6%. The consensus was that there would be no change to either prime rate. The consensus was that neither prime rate would change. Following the decision, China's 10-year government yield increased to 1.66%, the highest in around 3 weeks.

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