PBOC cut the mortgage-supplementary lending (PSL) rate by 25 bps, lowering the one-year PSL rate to 1.50% from 1.75%. The central bank said the reduction aims to better incentivize policy banks to support the real economy and national strategic prior

2026-09-29

PBOC cut the mortgage-supplementary lending (PSL) rate by 25 bps, lowering the one-year PSL rate to 1.50% from 1.75%. The central bank said the reduction aims to better incentivize policy banks to support the real economy and national strategic priorities.