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China's Benchmark Lending Rates Left Unchanged

Provided by Dow Jones Jan 20, 2026, 1:31:00 AM

China's benchmark lending rates were left unchanged after the central bank cut rates on its structural monetary policy tools to support economic growth.

The one-year loan prime rate was steady at 3.0% and the five-year rate was kept the same at 3.5%, the People's Bank of China said Tuesday.

The hold of benchmark rates came one day after lower rates on the PBOC's relending and rediscount facilities took effect. The facilities are typically used to encourage bank lending to high-tech, agricultural and small businesses. All these structural policy tools were lowered by 0.25 percentage point.

Write to Singapore Editors at singaporeeditors@dowjones.com

(END) Dow Jones Newswires

January 19, 2026 20:31 ET (01:31 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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