1 and in the whole year of 2020, the interest rate of 1 annual lpr is 4. 15%, and the interest rate of five-year lpr is 4.80% of 1 month; February and March 1 year lpr interest rate is 4.05%, and 5-year lpr interest rate is 4.75%. From April to 65438+February, the interest rate of 1 year lpr was 3.85%, and the interest rate of 5-year lpr was 4.65%, which was rare for 9 consecutive months.

2. The full name of 2.lpr interest rate is the market quotation rate. This interest rate will change every month according to market conditions. 18 The bank will quote for it. According to the algorithm, the final lpr interest rate will be announced by the People's Bank of China on the 20th of each month. According to the latest data from the People's Bank of China, 202 1 65438+1announced on October 20th, the interest rate of1year is 3.85%, and that of 5-year is 4.65%. According to the regulations, the loan interest rate of each bank is determined by adding or subtracting the lpr interest rate with reference to its own economic capacity. This shows that all bank loan interest rates in the market are related to lpr interest rates, so the bank loan interest rate is more market-oriented, and the change of mortgage interest rate is closer to the housing market and separated from other markets.

1. The best lending rate (LPR) is the benchmark lending rate calculated and published by the National Interbank Funding Center authorized by the People's Bank of China. According to the bank's loan interest rate for the best quality customers, plus the open market operating interest rate (mainly referring to the medium-term lending convenience rate), the loan quotation is made. All financial institutions should mainly refer to the loan pricing of LPR. At present, LPR includes 1 year and [1] over 5 years. LPR has a high degree of marketization, which can fully reflect the supply and demand of funds in the credit market. Using LPR for loan pricing can promote the marketization of loan interest rate and improve the transmission efficiency from market interest rate to credit interest rate.

2. On August 12, 2020, five state-owned banks, namely Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, China Bank and Postal Savings Bank, announced at the same time. From August 25th, individual housing loans within the range of batch conversion will be uniformly adjusted to LPR (loan market quotation) pricing method according to relevant rules.

3. The People's Bank of China authorized the National Interbank Funding Center to announce that the loan market quotation (LPR) of 202 1122 is:1year LPR is 3.85% and 5-year LPR is 4.65%.