On May 7, the People’s Bank of China decided to lower the re-lending Intrerest Rate by 0.25 percentage points, effective from May 7, 2025. After the reduction, the re-lending Intrerest Rates for agricultural support and small business support for 3 months, 6 months, and 1 year will be 1.2%, 1.4%, and 1.5% respectively, the mortgage supplementary loan rate will be 2.0%, and the rate for special structural monetary policy tools will be 1.5%. ( Jin10 )
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The People's Bank of China decided to lower the re-lending Intrerest Rate by 0.25 percentage points.
On May 7, the People’s Bank of China decided to lower the re-lending Intrerest Rate by 0.25 percentage points, effective from May 7, 2025. After the reduction, the re-lending Intrerest Rates for agricultural support and small business support for 3 months, 6 months, and 1 year will be 1.2%, 1.4%, and 1.5% respectively, the mortgage supplementary loan rate will be 2.0%, and the rate for special structural monetary policy tools will be 1.5%. ( Jin10 )