1. The repricing date is the interest rate adjustment date agreed with the bank. The repricing date shall be 1 month 1 day of the next year or the corresponding month and day of each year.

2. The repricing cycle means the frequency of interest rate adjustment from the next repricing date. The repricing cycle defaults to "12 months".

For example, if your mortgage is converted into LPR, the repricing period is 12 months, and the next repricing date is 65438+ 10/day, then your mortgage will be recalculated according to the LPR value of the corresponding period in June 2020. Until June 2022, 65438+1 October1,your mortgage interest rate will be recalculated according to the LPR value of the corresponding period in June 20261+February.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.