The People's Bank of China announces the 1- and 5-year loan prime rates on Monday,The announcement is usually on the 20th, but since that's Saturday it'll be on Monday instead. Earlier this week we had the monthly Medium-term Lending Facility (MLF) setting:The PBoC has kept the 1-year MLF interest rate unchanged at 2.5%, as expectedWhen the People's Bank of China leaves the MLF rate unchanged its often, but not always, a signal that LPRs will remain unchanged. Current LPR rates are:3.45% for the one year3.95% for the five yearWon't be cutting this month (is the widely held expectation). ---The PBOC's Loan Prime Rate (LPR):Its an interest rate benchmark used in China, set by the People's Bank
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