PBOC Loan Prime Rate (1Y LPR)

Description

The PBOC 1-year Loan Prime Rate is the benchmark lending rate for the Chinese financial system. Set monthly by a panel of 18 banks, it guides corporate and consumer loan pricing.

Key risks

macro-risk

This risk may negatively affect the instrument’s performance under certain market conditions.

The list of risks is not exhaustive and highlights the most material structural and market-related factors.

Portfolio role & behavior

Economic role

benchmark

Behavior

counter-cyclical

The information provided is for analytical and informational purposes only and does not constitute investment advice.

Any decisions are made independently by the user and at their own risk.

For details, see legal terms.