Important news!The latest announcement of the central bank!Double down downward →

LPR is a new benchmark interest rate. Each financial institution mainly refers to LPR to determine the actual loan interest rate.

△ CCTV Finance "World Finance" column video

This month, the quotation interest rate of the one -year loan market was 3.65%, and the last month was 3.70%, a decrease of 5 basis points; the quotation interest rate of the loan market above 5 years was 4.30%, and the last month was 4.45%, a decrease of 15 basis points.

This is the third time LPR has been lowered since this year. Cumulative point of view, since this year, the cumulative 1 -year LPR and 5 -year LPR have fallen 15 basis points and 35 basis points, respectively.

Gao Ruidong, chief macroeconomicist at Everbright Securities: This time, LPR downward is a targeted measure for monetary policy to consolidate the foundation of economic recovery. It can strive to promote the decline in the comprehensive financing cost of enterprises and the cost of personal consumer credit, and will effectively stimulate the vitality of micro -subjects such as SMEs.

This month also coincides with the third anniversary of the reform of the loan market quotation interest rate. Experts believe that the LPR reform has formed a good policy interest rate transmission mechanism, reduced the cost of financing of the real economy, and effectively exerts the function of policy support the real economy.

Experts said that the most important impact of the LPR reduction on the real economy has further declined the overall financing cost of society. This decline is not easy. Its premise is that inflation has not further improved.

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