The quoted loan market interest rate is the basic loan reference interest rate calculated and published by the National Interbank Funding Center authorized by the People's Bank of China according to the bank's loan interest rate for the best quality customers. The loan pricing of financial institutions should mainly refer to LPR.
Precautions:
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 bank's measures for the management of the most favorable interest rate for 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.