FX.co ★ China Holds 5-Year Loan Prime Rate Steady at 3.50% in April

China left its 5-year Loan Prime Rate (LPR) unchanged at 3.50% in April 2026, maintaining the same level set in March 2026. The decision underscores a pause in policy shifts on the key benchmark used to price long-term borrowing, including most mortgages.

The unchanged 5-year LPR suggests Chinese policymakers are opting for stability in lending costs as they monitor domestic economic conditions and financial sector dynamics. With the rate holding at 3.50%, markets will be watching upcoming data for clues on whether authorities will adjust borrowing costs later in the year to support growth or address financial risks.

The latest figures were updated on 20 April 2026.