The new round of Loan Prime Rate (LPR) remains unchanged

NightAirdropper · 2026-02-24T18:43:22+00:00

The new Loan Prime Rate (LPR) released on February 24 shows that the 1-year and over 5-year LPRs remain at 3% and 3.5%, respectively. Our country's loan interest rates are still at low levels, with corporate and personal housing loan rates slightly lower or unchanged compared to the same period last year.

NightAirdropper

2026-02-24 18:43:22

Abstract generation in progress

The new Loan Prime Rate (LPR) for the period has been announced on February 24, with no changes to the 1-year and over 5-year LPRs.

On the same day, the People’s Bank of China authorized the National Interbank Funding Center to announce that the 1-year LPR is 3%, and the over 5-year LPR is 3.5%.

The LPR is the main reference benchmark for loan pricing and is published regularly each month.

China’s loan interest rates continue to remain low. Data shows that the weighted average interest rate for newly issued corporate loans in January 2026 was about 3.2%, approximately 20 basis points lower than the same period last year; the weighted average interest rate for newly issued personal housing loans was 3.1%, roughly the same as the same period last year. (Reporters Ren Jun and Wu Yu)

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