China's Central Bank Sets New Loan Prime Rates at 3.0% and 3.5%
On September 20, 2026, the People's Bank of China authorized the publication of new Loan Prime Rates, setting the 1-year LPR at 3.0% and the over-5-year LPR at 3.5%.
The People's Bank of China has authorized the National Interbank Funding Center to publish the latest Loan Prime Rate (LPR) figures as of September 20, 2026.
According to the announcement, the 1-year LPR has been set at 3.0%. The LPR for terms exceeding five years is established at 3.5%. These rates are effective immediately and will remain in place until the next scheduled LPR release.