The benchmark interest rate for deposits and loans is the collective name of the benchmark interest rate for deposits and the benchmark interest rate for loans issued by the central bank. The benchmark interest rates for deposits and loans issued by the central bank can be divided into four items, namely, the benchmark interest rate for demand deposits, the benchmark interest rate for lump-sum time deposits, the benchmark interest rates for various commercial loans and the benchmark interest rate for provident fund loans.

The benchmark interest rate of deposits and loans in China is an important means for the central bank to regulate the national economy with reference to the yield of government bonds in the circulation market, and it is the concrete embodiment of market macro-control.

The benchmark interest rate of demand deposits issued by the central bank in 2065438+2008 (regardless of year) is 0.35%.

In 20 18, the central bank issued the benchmark interest rate for lump-sum time deposits: three months 1. 10%, six months 1.30%, one year 1.50% and two years/kloc-0.

Benchmark interest rates of various commercial loans issued by the central bank in 20 18: the benchmark interest rate within one year (including one year) is 4.35%; The benchmark interest rate for one year to five years (including five years) is 4.75%; The benchmark interest rate for more than five years is 4.90%.

The benchmark interest rate of individual housing provident fund loans issued by the central bank on 20 18: 2.75% for less than five years (including five years); More than five years is 3.25%.

Benchmark deposit and loan interest rate

In 2020, the state stipulated that the benchmark interest rate of ordinary commercial loans should be 4.35% within one year (including one year), 4.75% from one year to five years (including five years) and 4.9% for more than five years.

The loan interest rate refers to the ratio of interest amount to principal amount during the loan period. China's interest rate is managed by the People's Bank of China, and the determined interest rate is implemented after being approved by the State Council.

The loan interest rate directly determines the profit distribution ratio between the borrowing enterprise and the bank, thus affecting the economic interests of both borrowers and lenders. The loan interest rate varies with the types and duration of loans, and it is also related to the scarcity of borrowed funds.

The loan interest rate is the main basis for prudent parties to calculate the loan interest in the loan contract, and the loan interest rate suggestion clause is the main clause in the loan contract. The interest rate of loan contracts with banks and other financial institutions as lenders can only be determined through consultation within the upper and lower interest rate limits stipulated by the People's Bank of China.

Benchmark lending rate

Lump sum deposit and lump sum withdrawal: three-month interest rate 1. 1%, semi-annual interest rate 1.3%, annual interest rate 1.5%, annual interest rate 2. 1% and annual interest rate 2.75%;

3. installment withdrawal, installment withdrawal and deposit withdrawal: the annual interest rate is 1. 10%, and the annual interest rate is1.30%;

4, fixed work is convenient: enjoy a one-time discount of 60% interest rate at the same level within one year;

5. Agreement deposit:1.15%;

6. Notice deposit: one-day interest rate is 0.8%, and seven-day interest rate is1.35%;

7. Individual housing provident fund deposit: 1.5% in the current year and 1.5% carried forward from the previous year.

2. Benchmark interest rates of various loans: within one year (including one year), 4.35% for one to five years (including five years), and 4.90% for five years and above.

3. Benchmark interest rate of individual housing provident fund loan: 2.75% for less than five years (including five years) and 3.25% for more than five years.

The above is the latest related content of benchmark interest rate 2022.

Is the benchmark interest rate the annual interest rate?

The benchmark interest rate refers to the annual interest rate. Both loans and deposits have benchmark interest rates, which are set by the People's Bank of China. Commercial banks will adjust the loan interest rates and deposit interest rates within the corresponding range according to the benchmark interest rates obtained by the People's Bank of China. Therefore, the benchmark interest rate has a strong reference significance, but the People's Bank of China will not adjust the benchmark interest rate frequently. After the benchmark interest rate is adjusted, the deposit and loan interest rates of commercial banks will also be adjusted accordingly. It can be seen that the adjustment of the benchmark interest rate will directly affect the daily life of users. The benchmark interest rate is an interest rate with extensive reference function in the financial system. Common ones are the benchmark interest rate for loans and the benchmark interest rate for deposits. However, the benchmark interest rate is only a reference interest rate, and the specific loan interest rate and deposit interest rate are determined by banks according to market conditions, so the specific interest rate and benchmark interest rate may be quite different.

202 1 bank benchmark interest rate

In 20021year, the benchmark interest rate of demand deposits of China People's Bank was 0.35%.

First of all, the benchmark interest rate is divided into deposit interest rate and loan interest rate. 202 1 The benchmark deposit interest rate of the People's Bank of China is divided into demand deposit benchmark interest rate and time deposit benchmark interest rate. Current deposit. In 20021year, the benchmark interest rate of demand deposits of China People's Bank was 0.35%. Time deposit. There are three deposit methods for time deposits: 1, lump-sum deposit and withdrawal; 2. Lump-sum deposit and withdrawal, lump-sum deposit and withdrawal, and deposit and withdrawal interest; 3. Life and work. 1, lump-sum deposit and withdrawal. The benchmark interest rate for three-month lump-sum deposit and withdrawal is1.1%; Half-year benchmark interest rate1.3%; One-year benchmark interest rate1.5%; The benchmark interest rate for two years is 2.1%; The three-year benchmark interest rate is 2.75%. 2. lump-sum deposit and withdrawal, deposit and interest. The one-year benchmark interest rate is1.1%; Three-year benchmark interest rate 1.3%. 3. Life and work. One-time discount at the same grade interest rate within one year.

2 loan interest rates are divided into short-term loans, medium-and long-term loans and provident fund loans. The interest rate of central bank loans is as follows: 1, short-term loans. The six-month (inclusive) loan interest rate is 4.35%; The loan interest rate for six months to one year (including 1 year) is 4.35%. 2. Medium and long-term loans. The loan interest rate for one year to three years (including three years) is 4.75%; The loan interest rate for three to five years (including five years) is 4.75%; The loan interest rate for more than five years is 4.9%. 3. Provident fund loans. The loan interest rate for less than five years (including five years) is 2.75%; The loan interest rate for more than five years is 3.25%.

3. The People's Bank of China lowered one of the most important loan interest rates in China, indicating that the government is promoting the easing policy. First, Bank of China lowered the market quotation rate (LPR) of 1 year loan from 3.85% to 3.8%. 1 year LPR is widely used as the benchmark interest rate for banks to issue loans to customers. The last rate cut was in April 2020, when China was coping with the first round of COVID-19 epidemic. The Bank of China lowered the bank reserve ratio this month and actually injected nearly $200 billion into the financial system. However, last week, the central bank kept the medium-term lending facility (MLF) unchanged at 2.95%. MLF is the interest rate that the central bank lends to banks. Economists and analysts said that China has entered an easing cycle and further interest rate cuts are expected in the first half of next year.

What is the current benchmark interest rate of the central bank?

Benchmark interest rates include deposit benchmark interest rates and loan benchmark interest rates. In 2020, major banks will take the deposit and loan interest rates issued by the central bank as the benchmark interest rate, so the deposit and loan interest rates of major banks will fluctuate around the benchmark interest rate of the central bank.

According to the Adjustment Table of RMB Deposit Benchmark Interest Rate of Financial Institutions issued by the People's Bank of China official website on October 24th, 20 15, the benchmark interest rates of major banks in 2020 are as follows:

1. Deposit interest rate: 0.35%.

Two. The interest rate of time deposit is:

(1) lump-sum deposit and lump-sum withdrawal for three months 1. 1.00%, six months 1.30%, one year 1.50%, two years 2. 1.00%, and three years 2.75.

(2) lump-sum deposit and withdrawal, one-year 1. 10%, three-year 1.30% deposits.

(3) Regular lump-sum deposit and withdrawal within one year, and 60% discount on the interest rate of the same grade for fixed-income and double-income loans.

Three. The agreed deposit interest rate is 1. 15%.

4. The interest rate of call deposit is: 0.80% for one day, 7 days 1.35%.

Verb (abbreviation of verb) The deposit interest rate of individual housing provident fund is: 0.35% in the current year and 1. 10% in the previous year.

In addition, according to the Adjustment Table of Benchmark Interest Rate of RMB Loans for Financial Institutions issued by the People's Bank of China official website on 20 15124, the benchmark interest rates of major banks' loans in 2020 are as follows:

1. Short-term loan: 4.35% within one year (including one year);

2. Medium and long-term loans: one to five years (including five years): 4.75%; More than five years, 4.90%;

3. Personal housing provident fund loan: 2.75% for less than five years (including five years); More than five years, 3.25%.

What does the benchmark interest rate of China People's Bank mean?

The benchmark interest rate is a universal reference interest rate in the financial market, and other interest rate levels or financial asset prices can be determined according to this benchmark interest rate level. Under the condition of interest rate marketization, financiers measure the financing cost and investors calculate the return on investment. The macro-control of management objectively needs a recognized benchmark interest rate level as a reference.

Among them, the countries that take the interbank offered rate as the benchmark interest rate include London Interbank Offered Rate, American Federal Benchmark Rate, Tokyo Interbank Offered Rate and Euro Interbank Offered Rate. The countries with the repo rate as the benchmark interest rate are Germany (1W and 2W repo rates), France (1W repo rate) and Spain (10D repo rate).

Extended data

The benchmark interest rate must have the following basic characteristics:

(1) marketization. Obviously, the benchmark interest rate must be determined by the relationship between market supply and demand, which not only reflects the actual market supply and demand, but also reflects the market's expectations for the future.

(2) foundation. The benchmark interest rate plays a fundamental role in the interest rate system and the price system of financial products, and has a strong correlation with the interest rates of other financial markets or the prices of financial assets.

(3) transitivity. The market signal reflected by the benchmark interest rate, or the regulatory signal sent by the central bank through the benchmark interest rate, can be effectively transmitted to other financial markets and financial product prices.