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The People's Bank of China has decided to cut the refinancing rate by 0.25 percentage points

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2025-05-07 03:55:23
On May 7, the People's Bank of China decided to cut the reloan interest rate by 0.25 percentage points from May 7, 2025. After the reduction, the 3-month, 6-month and 1-year reloan interest rates for supporting agriculture and small-scale enterprises will be 1.2%, 1.4% and 1.5% respectively, the mortgage supplementary loan interest rate will be 2.0%, and the special project structural monetary policy tool interest rate will be 1.5%.
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