The latest loan market quoted interest rate (LPR) is: 0-year 65438+3.85%, 5-year and above 4.65%.

On April 20, 2020, the loan market quoted interest rate (LPR) was: 1 year LPR of 3.85%, and LPR of more than five years was 4.65%, which was the same as this month.

Previously, the central bank hinted with practical actions that the probability of LPR cutting interest rates in May was very small.

MLF, reverse repo rate and LPR, as the three tools for the central bank to regulate the whole financial market, have a consistent overall trend.

On May 15, the central bank released about 200 billion yuan, and directionally lowered the deposit reserve ratio of small and medium-sized banks. On the same day, the central bank continued to achieve MLF, and the interest rate was consistent with 2.95% of the previous month.

With regard to the reverse repo rate, the People's Bank of China announced that the total amount of liquidity in the banking system is at a reasonable and sufficient level, and the reverse repo operation will not be conducted on May 19.

Screenshot Source: Central Bank official website

The constant MLF and reverse repo rate may have predicted that LPR will not change with high probability.

Previously, many people in the industry said that LPR will remain unchanged in May.