The goal of LPR reform is "credit asset pricing". Therefore, it is of great significance to strictly define the scope of "credit assets", which determines which assets need to meet the regulatory requirements.

It is generally believed that the original definition of credit assets originated from the General Principles of Loans. In practice, 1 104 report divides loans into corporate loans, private and individual business loans, personal consumption loans, syndicated loans, credit card overdrafts and bill financing (including discount).

Trade financing, financial leasing, all kinds of advances (acceptance advances, discount advances, guarantee advances, letter of credit advances, other advances), buying resale assets from enterprises and institutions, etc.

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LPR Quoting Bank Group is currently composed of nine commercial banks. Quoting banks should meet the requirements of financial hard constraints and macro-prudential policy framework, with high system importance, great market influence and strong comprehensive strength.

The internal rate of return curve and internal transfer pricing mechanism are established, which has strong independent pricing ability. Formulated the measures for the management of the best interest rate of our bank's loans and other conditions conducive to the quotation work.

The self-discipline mechanism of market interest rate pricing determines and adjusts the members of quotation banks according to the centralized quotation and release rules of preferential loan interest rates, supervises and manages the operation of preferential loan interest rates, and regulates the behaviors of quotation banks and designated issuers.

Baidu encyclopedia-preferential interest rate for loans