央行公布最新LPR：一年期、五年期LPR均不变

Core Points - The People's Bank of China announced the latest Loan Prime Rate (LPR) on June 20, with the 1-year LPR remaining at 3.00% and the 5-year LPR at 3.50%, unchanged from the previous month [1] - Historical LPR adjustments show that the 1-year LPR has been stable at 3.00% since May 2025, while the 5-year LPR has also remained at 3.50% during the same period [2] - The central bank conducted a 7-day reverse repurchase operation of 161.2 billion yuan on June 20, resulting in a net withdrawal of 41.3 billion yuan for the day [4] LPR Data Overview - The 1-year LPR has seen fluctuations in the past, with a peak of 3.70% in mid-2022 and a decline to 3.00% by May 2025 [2][3] - The 5-year LPR has also experienced changes, with a high of 4.65% in late 2021, dropping to 3.50% by June 2025 [2][3] Central Bank Operations - The People's Bank of China has been active in managing liquidity, with a total of 9,603 billion yuan in reverse repos conducted during the week, leading to a net withdrawal of 799 billion yuan [4] - The central bank's actions are in line with global trends, as other central banks, such as the Bank of England and the Federal Reserve, are also maintaining or adjusting their interest rates [4]