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China's Central Bank Lowers 1-Year Rate But Unexpectedly Leaves 5-Year Rate Unchanged

China's Central Bank Lowers 1-Year Rate But Unexpectedly Leaves 5-Year Rate Unchanged

中国央行下调1年期利率但出人意料地维持5年期利率不变
Moomoo 24/7 ·  2023/08/20 21:16

The People’s Bank of China cut its one-year loan prime rate by 10 basis points from 3.55% to 3.45%, but left its five-year loan prime rate unchanged at 4.2%. The last time the central bank cut these rates was in June and August 2022.

中国人民银行将一年期贷款最优惠利率从3.55%下调10个基点至3.45%,但将五年期贷款最优惠利率维持在4.2%不变。央行上一次降息是在2022年6月和8月。

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