What does the loan market quotation lpr mean? LPR (loan market quotation) is the loan interest rate that commercial banks execute for their best customers, and other loan interest rates can be generated by adding or subtracting points on this basis. The centralized quotation and release mechanism of loan preferential interest rate is that on the basis of the quotation bank's independent quotation of the bank's loan preferential interest rate, the publisher is designated to calculate the quotation by weighted average, and the average quotation rate of the quotation bank in the loan preferential interest rate is formed and announced to the public.

For LPR, the quotation is made by 18 representative quotation banks, based on the bank's loan interest rate for the best quality customers, plus the open market operating interest rate (mainly referring to the medium-term lending convenience rate), which is calculated by the National Interbank Funding Center authorized by the People's Bank of China to provide pricing reference for bank loans. LPR includes 1 year and more than 5 years.

Generally speaking, it is generally believed that the original definition of credit assets originated from the General Principles of Loans. In practice, 1 104 report divides loans into corporate loans, private and individual business loans, personal consumption loans, syndicated loans, credit card overdrafts and bill financing (including discount). Trade financing, financial leasing, all kinds of advances (acceptance advances, discount advances, guarantee advances, letter of credit advances, other advances), buying resale assets from enterprises and institutions, etc.

At present, the original intention of LPR is to form a market-oriented loan interest rate through the quotation of commercial banks. For example, in developed countries, LPR is often used as the anchor of market-oriented deposit and loan interest rates, and the LPR agreed by 10 quotation bank is basically based on the benchmark loan interest rate published by the People's Bank of China and fluctuates with it, so the market-oriented effect is not particularly obvious.

Summary: What does the loan market quotation lpr mean? LPR (loan market quotation) is the loan interest rate that commercial banks execute for their best customers, and other loan interest rates can be generated by adding or subtracting points on this basis. The centralized quotation and release mechanism of preferential loan interest rate is that on the basis of the quotation bank's independent quotation of the bank's preferential loan interest rate, the publisher is designated to calculate the quotation by weighted average to form the average quotation rate of the preferential loan interest rate of the quotation bank and release the data to the outside world.