China’s commercial lenders held benchmark lending rates unchanged for the third consecutive month after Beijing eased ...
The subprime auto loans 60-plus-day delinquency rate rose to 6.15%, a new record for December. For the delinquency rate prime auto loan ABS has been in pristine condition (0.37% in December) ...
The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year ...
China left benchmark lending rates unchanged for a third consecutive month, as expected, as a weakening yuan has limited ...
The PBoC left its one-year loan prime rate at 3.10 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was held at 3.60 percent. The decision matched expectations. The bank ...