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MNI PBOC WATCH: China’s LPR Seen Steady On Economic Recovery

PBOC

China’s loan prime rate is expected to remain unchanged this month as credit continues to expand amid a robust economic rebound, though the key reference rates could be lowered if the recovery falters, economists and advisers said. The loan prime rate (LPR) for the 1-year and over-5-year tenors are expected to be maintained at 3.65% and 4.3%, respectively, on Monday, as the quotes provided by a panel of banks will be unchanged and the People’s Bank of China kept the rate steady on its medium-term lending facility on February 15 -- on MNI Policy MainWire now, for more details please contact sales@marketnews.com.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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