PBOC Holds 1-Year LPR at 3.00% and 5-Year at 3.50%

The People’s Bank of China authorised the National Interbank Funding Center to publish a hold of the one-year loan prime rate at 3.00% and the five-year-plus rate at 3.50% on Thursday, 20 August. Both are unchanged from July. Jiemian reprints the official sentence: the quotes stay valid until the next LPR. This is a hold. It is not a cut.

FXStreet carried the same two prints. People’s Finance on Securities Times had 3% and 3.5%, last month the same.

What moved. What did not.

The last LPR cut was May 2025, 10 basis points on both tenors, Jiemian wrote. The seven-day reverse repo, the pricing base, is still 1.4%. That rate has not moved since May 2025 either.

Print	August	July	Source
1-year LPR	3.00%	3.00%	PBOC via NIFC, Jiemian
5-year-plus LPR	3.50%	3.50%	same
7-day reverse repo	1.4%	1.4%	Jiemian

Same-morning dollar-yuan fix

PBOC set the USD/CNY central rate at 6.7808, versus 6.7854 the previous session and a Reuters estimate of 6.7196, FXStreet wrote. That is the pair-specific stamp. It is not the AUD last on the LPR page.

The quotes hold until the next LPR. Live yuan is on prices. The stamp sits on the economic calendar.

Informational only. Not trading advice, signals, or a guarantee of any market outcome.