{"id":"CHN","institution":"People's Bank of China (PBOC)","body":"Monthly Loan Prime Rate (LPR) fixing, published by the National Interbank Funding Center under PBOC authorisation (not a committee decision)","card_type":"rate_decision","decision":"unchanged (monthly LPR fixing, not a committee decision)","bank_rate":3,"bank_rate_unit":"percent","previous_bank_rate":3,"change_bps":0,"vote":null,"dissent":null,"meeting_ended":"2026-09-20","published":"2026-09-20","next_decision":"Published monthly on the 20th, moved to the next working day if the 20th is a holiday (no official calendar)","inflation":null,"inflation_target":null,"summary":"FREE SAMPLE, older example: previous meeting (2026-09-20). The paid card is the latest decision. This is a monthly Loan Prime Rate (LPR) fixing, not a policy committee decision; there is no vote. Source: National Interbank Funding Center (CFETS) announcement, 2026-09-20, published under authorisation of the People's Bank of China. Quoted verbatim: \"中国人民银行授权全国银行间同业拆借中心公布，2026年9月20日贷款市场报价利率（LPR）为：1年期LPR为3.0%，5年期以上LPR为3.5%。以上LPR在下一次发布LPR之前有效。\" FilingDelta translation: The People's Bank of China authorised the National Interbank Funding Center to announce that the Loan Prime Rate (LPR) on 2026-09-20 is: 1-year LPR 3.0%, 5-year-and-above LPR 3.5%. These LPRs are valid until the next LPR release. bank_rate is the 1-year LPR (3.0%); the 5-year-and-above LPR is 3.5%. previous_bank_rate (3.0%) is from the previous announcement of 2026-08-20 (https://www.chinamoney.com.cn/chinese/rdgz/20260820/3399885.html): \"中国人民银行授权全国银行间同业拆借中心公布，2026年8月20日贷款市场报价利率（LPR）为：1年期LPR为3.0%，5年期以上LPR为3.5%。以上LPR在下一次发布LPR之前有效。\" change_bps (0) is calculated by FilingDelta. The announcement gives no inflation figure or target, so inflation and inflation_target are null. There is no official calendar of release dates; next_decision restates the publication rule in PBOC Announcement [2019] No. 15 (https://www.pbc.gov.cn/goutongjiaoliu/113456/113469/2025092212550514786/index.html): \"于每月20日（遇节假日顺延）9时30分公布贷款市场报价利率\" (FilingDelta translation: the LPR is published at 9:30 on the 20th of each month, deferred if that day is a holiday). Not investment advice.","why_it_matters":"The LPR is the benchmark for new bank lending in China (1-year) and for mortgages (5-year-and-above). Both were unchanged in this fixing. Official list of LPR announcements: https://www.pbc.gov.cn/zhengcehuobisi/125207/125213/125440/3876551/index.html. Source: People's Bank of China (PBOC), https://www.chinamoney.com.cn/chinese/rdgz/20260920/3420412.html","source_url":"https://www.chinamoney.com.cn/chinese/rdgz/20260920/3420412.html","generated_at":"2026-10-24T19:58:07.194Z"}