Bank lpr refers to the loan interest rate executed by financial institutions for their best customers. When handling a loan, you can add and subtract points on the basis of lpr according to the borrower's comprehensive factors.

The best lending rate (LPR) is the basic lending reference rate calculated and published by the National Interbank Funding Center authorized by the People's Bank of China, and quoted by representative quotation banks in the form of open market operating rate (mainly referring to the medium-term lending convenience rate) according to the bank's lending rate to the best customers. All financial institutions should mainly refer to the loan pricing of LPR.

The current LPR includes 1 year and more than 5 years. LPR has a high degree of marketization, which can fully reflect the supply and demand of funds in the credit market. Using LPR for loan pricing can promote the marketization of loan interest rate and improve the transmission efficiency from market interest rate to credit interest rate.

Quotation line requirements

The LPR quotation bank shall meet the requirements of the macro-prudential policy framework, have established an internal rate of return curve and an internal transfer pricing mechanism, have strong independent pricing ability, have formulated the management measures for the quotation interest rate in the loan market of the Bank, and have other conditions conducive to quotation.

The self-discipline mechanism of market interest rate pricing evaluates the quotation quality of quotation banks, regularly adjusts the members of quotation banks, supervises and manages the operation of quotation interest rates in the loan market, and regulates the behavior of quotation banks and designated issuers.

Refer to the above contents: Baidu Encyclopedia-loan market quotation, Baidu Encyclopedia-bank lpr.