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choi baccarat(www.vng.app):China leaves lending benchmark steady for 11th straight month in March

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,SHANGHAI - China kept its benchmark lending rate for corporate and household loans unchanged for an 11th straight month at its March fixing on Monday, matching market expectations. The one-year loan prime rate (LPR) was kept at 3.85%. The five-year LPR remained at 4.65%. Twenty-nine traders and analysts of 30 participants in a Reuters poll last week predicted no change in either rate. Most new and outstanding loans in China are based on the one-year LPR. The five-year rate influences the pricing of mortgages. REUTERS
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