China PBOC Loan Prime Rate (1-year LPR / 贷款市场报价利率)
China PBOC Loan Prime Rate (1-year LPR / 贷款市场报价利率) is 3 percent, in force since 20 May 2025. It was 3.1 percent before that. Last checked against the official source on 26 Aug 2026. That check is older than this figure's normal update cycle, so treat it as possibly out of date.
Official source: 中国人民银行授权全国银行间同业拆借中心公布，2026年8月20日贷款市场报价利率（LPR）为：1年期LPR为3.0%，5年期以上LPR为3.5%。以上LPR在下一次发布LPR之前有效。 · Last checked 2026-08-26 stale · source fingerprint
Loan Prime Rate (贷款市场报价利率) published monthly — typically on the 20th, or the next working day — by the National Interbank Funding Centre (全国银行间同业拆借中心) on authorisation of the People's Bank of China. The 1-year LPR is served as the numeric value; the over-5-year LPR (mortgage benchmark) is recorded in notes when published alongside. This is the quoted lending benchmark for new RMB bank loans, not the PBOC's 7-day reverse-repo operation rate.
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| Current value | 3 percent |
|---|---|
| In force from | 2025-05-20 |
| Official source | 中国人民银行授权全国银行间同业拆借中心公布，2026年8月20日贷款市场报价利率（LPR）为：1年期LPR为3.0%，5年期以上LPR为3.5%。以上LPR在下一次发布LPR之前有效。 (PBOC-authorised National Interbank Funding Centre LPR announcement, 20 Aug 2026) |
| Last verified | 2026-08-26 stale |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
SERVED VALUE is the 1-year LPR (3.0%). The same 20 Aug 2026 PBOC announcement set the over-5-year LPR at 3.5% (mortgage benchmark). Both tenors have been unchanged since the 20 May 2025 fixing, which printed 1-year 3.0% and over-5-year 3.5% (official PBOC announcement https://www.pbc.gov.cn/zhengcehuobisi/125207/125213/125440/3876551/5714282/index.html, HTTP 200). The immediately preceding official fixing we fetched (21 Apr 2025) was 1-year 3.1% / over-5-year 3.6% (https://www.pbc.gov.cn/zhengcehuobisi/125207/125213/125440/3876551/5677604/index.html, HTTP 200). LPR is published on the 20th of each month or the next working day and remains valid until the next publication. DO NOT confuse with the PBOC 7-day reverse-repo operation rate (1.40% since 8 May 2025), which the PBOC treats as its main open-market policy rate; this official-slice series serves the LPR lending benchmark.
Earlier values
| From | Value | Source |
|---|---|---|
| 2025-04-21 | 3.1 | 中国人民银行授权全国银行间同业拆借中心公布，2025年4月21日贷款市场报价利率（LPR）为：1年期LPR为3.1%，5… |
Get it programmatically
curl https://asiaref.dev/v1/cn/policy-rate
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://asiaref.dev/v1/cn/policy-rate/history?from=2020-01-01
# Provenance: curl https://asiaref.dev/provenance/cn/policy-rateOther China series: VAT standard rate (增值税基本税率) · VAT registration threshold · Minimum wage (no national rate — province-set; highest is Shanghai) · Public holidays (国家法定节假日 + State Council annual arrangement) · CPI inflation (year-on-year, 居民消费价格指数) · Enterprise Income Tax standard rate (企业所得税) · Withholding tax rates · Statutory default interest (法定利率 / 逾期利息) · Individual Income Tax · Statutory social-insurance contributions
The same figure elsewhere: Hong Kong · India · Indonesia · Iraq · Israel · all 28