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PBoC Loan Prime Rate announcement - July 2026

20 July 2026 · All day · Central bank decision · East Asia & Pacific

Outcome

The People's Bank of China announced its 1-year and 5-year Loan Prime Rate (LPR) on July 20, 2026, per its regular monthly convention. The rate influences China's growth outlook and its demand for oil and base commodities relevant to Iranian exports. Both were left unchanged, with the 1-year rate at 3.0% and the over-5-year rate at 3.5%, the fourteenth straight month the two rates have held steady.