Intelligence Feed event · Macro · 2026-07-20

    PBOC leaves Loan Prime Rate unchanged for 14th consecutive month

    Question

    PBOC leaves Loan Prime Rate unchanged for 14th consecutive month

    Direct answer

    Stable LPR reinforces front-end CNY rates and supports offshore CNH funding curves, while limiting immediate relief for developers and weighing on Chinese bank equities.

    Original publisher
    Market Ontology
    Evidence through
    2026-07-20
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “PBOC leaves Loan Prime Rate unchanged for 14th consecutive month”, revision 1, evidence through 2026-07-20. https://marketontology.com/market-events/2026-07-20/pboc-leaves-loan-prime-rate-unchanged-for-14th-consecutive-month-2a9de7

    MACRO
    PBOC leaves Loan Prime Rate unchanged for 14th consecutive month
    Stable LPR reinforces front-end CNY rates and supports offshore CNH funding curves, while limiting immediate relief for developers and weighing on Chinese bank equities.
    USDCNHCN10YUSDCHINA70PCSI300
    Impact
    75
    JUL 20
    SIG
    USDCNHCN10YUSDCHINA70P
    PBOC leaves Loan Prime Rate unchanged for 14th consecutive month
    Stable LPR reinforces front-end CNY rates and supports offshore CNH funding curves, while limiting immediate relief for developers and weighing on Chinese bank equities.
    Impact
    Stable LPR reinforces front-end CNY rates and supports offshore CNH funding curves, while limiting immediate relief for developers and weighing on Chinese bank equities.
    Affected
    USDCNHCN10YUSDCHINA70PCSI300
    Source facts

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    What happened next

    Price follow-up pending — no stored daily closes for these assets yet.

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    Sources

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