It's different. There are only two types of lpr: 1 year lpr and lpr over 5 years. The loan interest rate of 1 year and over 5-year LPR is based on the directly corresponding LPR varieties. The two-year LPR belongs to the loan interest rate 1-5 years, and the reference interest rate 1- years is determined by the following formula.

As the quoted interest rate in the loan market, the LPR interest rate is generated on the 20th of each month. The representative 65,438+08 quotation banks quote by adding the operating interest rate in the open market, and then the National Interbank Funding Center eliminates the highest and lowest values, and calculates the arithmetic average to the nearest integer multiple of 0.05%, which provides pricing reference for bank loans.