Group 1 - The core viewpoint of the article is that the Loan Prime Rate (LPR) in China remains unchanged, with the 1-year LPR at 3.0% and the 5-year LPR at 3.5%, maintaining this status for five consecutive months [1][2]. Group 2 - The announcement was made by the People's Bank of China, indicating that these rates will remain effective until the next LPR release [1][2].

Core Points - The People's Bank of China has announced the Loan Prime Rate (LPR) for October 20, 2025, with a 1-year LPR set at 3.0% and a 5-year LPR at 3.5% [1] Summary by Category - **Interest Rates** - The 1-year LPR is established at 3.0% [1] - The 5-year LPR is set at 3.5% [1] - These rates will remain effective until the next LPR announcement [1]

Core Viewpoint - The People's Bank of China has decided to maintain the one-year and five-year Loan Prime Rates (LPR) at 3% and 3.5% respectively [1] Group 1 - The one-year LPR remains unchanged at 3% [1] - The five-year LPR is also held steady at 3.5% [1]

中国央行将一年期和五年期贷款市场报价利率（LPR）分别维持在3%和3.5%不变。 https://t.co/H37udtSbv5 ...

Monetary Supply and Growth - As of the end of September, the broad money supply (M2) reached 335.38 trillion yuan, reflecting a year-on-year growth of 8.4% [1] - The narrow money supply (M1) stood at 113.15 trillion yuan, with a year-on-year increase of 7.2% [1] - The currency in circulation (M0) amounted to 13.58 trillion yuan, showing a year-on-year growth of 11.5% [1] - In the first three quarters, a net cash injection of 761.9 billion yuan was recorded [1] Social Financing and Loans - The total social financing scale increased by 30.09 trillion yuan in the first three quarters, surpassing the previous year's figure by 4.42 trillion yuan [2] - The balance of loans to the real economy reached 267.03 trillion yuan by the end of September, with a year-on-year growth of 6.4% [3] - In the first three quarters, RMB loans increased by 14.75 trillion yuan, with household loans rising by 1.1 trillion yuan and corporate loans increasing by 13.44 trillion yuan [4] Deposits and Financial Market Rates - By the end of September, the total balance of RMB deposits was 324.94 trillion yuan, reflecting a year-on-year growth of 8% [5] - The average interbank borrowing rate in September was 1.45%, down 0.33 percentage points from the same period last year [6] - The one-year loan market quoted interest rate was 3.00%, and the rate for loans over five years was 3.50%, both lower by 0.1 percentage points compared to the end of last year [7] Currency Exchange Rates - As of the end of September, the CFETS RMB exchange rate index was 96.77, a decrease of 4.63% compared to the end of last year [8] - The RMB appreciated by 1.17% against the US dollar but depreciated by 9.71% against the euro and 3.40% against the Japanese yen [8]

Core Insights - The People's Bank of China announced that the one-year Loan Prime Rate (LPR) remains unchanged at 3.00% and the five-year LPR at 3.50%, maintaining stability for four months since the last adjustment in May 2023 [1] - The Ministry of Industry and Information Technology, along with other departments, released a "Steel Industry Growth Stabilization Work Plan (2025-2026)" aiming for an average annual growth target of around 4% for the steel industry over the next two years [1] - The plan emphasizes "stabilizing growth and preventing internal competition," outlining a path for structural adjustment and high-quality development in the steel sector [1] Steel Industry Summary - The plan includes precise control of production capacity and output, promoting graded management of steel enterprises [1] - New production capacity is strictly prohibited, with a focus on guiding resources towards competitive enterprises and achieving dynamic balance between supply and demand through output regulation [1] - Since the beginning of the 14th Five-Year Plan, China's foreign exchange reserves have remained stable at over $3 trillion [1]

Core Viewpoint - The People's Bank of China announced that the Loan Prime Rate (LPR) for September remains unchanged, with the 1-year LPR at 3.0% and the 5-year LPR at 3.5% [1] Summary by Category Interest Rates - The 1-year LPR is set at 3.0%, unchanged from the previous month [1] - The 5-year LPR is set at 3.5%, also unchanged from the previous month [1]

9月22日，中国人民银行授权全国银行间同业拆借中心公布，9月贷款市场报价利率（LPR）为：1年期 LPR为3.0%，5年期以上LPR为3.5%。两个品种LPR均较上月维持不变。 来源：中国人民银行 责编：叶舒筠 校对：祝甜婷 版权声明 END 证券时报各平台所有原创内容，未经书面授权，任何单位及个人不得转载。我社保留追 究相关 行 为主体 法律责任的权利。 转载与合作可联系证券时报小助理，微信ID：SecuritiesTimes 点击关键字可查看 潜望系列深度报道丨 股事会专栏 丨 投资小红书 丨 e公司调查 丨 时报会客厅 丨 十大明星私募访谈 丨 巴菲特，持仓新动向！ 丨 突发！688270，董事长被留置！ 丨 000851，突发！锁定面值退市！ 丨 两大事件，重磅来袭！就在明日！ 丨 外资机构，密集调研！最新动向→ 丨 蔡国强、始祖鸟致 歉！ 丨 靴子落地！佟吉禄被查！ 丨 始祖鸟烟花秀引争议！日喀则凌晨通报→ 丨 始祖鸟，"火了"！ 喜马拉雅山放烟花，网友"炸锅"！多方回应→ 丨 A股新纪录背后，2.4万亿资金偏爱这些股票→ 丨 特 朗普自曝：美国从俄乌冲突中获利！ 丨 微博、快手被查处 ...

Core Points - The People's Bank of China announced the Loan Prime Rate (LPR) for September 22, 2025, with a 1-year LPR set at 3.0% and a 5-year LPR at 3.5% [1] Summary by Category - **Interest Rates** - The 1-year LPR is established at 3.0% [1] - The 5-year LPR is set at 3.5% [1] - These rates will remain effective until the next LPR announcement [1]

中国央行将一年期和五年期贷款市场报价利率（LPR）分别维持在3%和3.5%不变。 https://t.co/Dd29tWuwd3 ...