Year-to-date Chinese loan rates have stayed low and extended their decline into July. In July the weighted-average rate on new corporate loans was just under 3%, about 20bps lower YoY; the weighted-average rate on new home mortgages was about 3.1%, broadly unchanged YoY.

2026-08-14

Year-to-date Chinese loan rates have stayed low and extended their decline into July. In July the weighted-average rate on new corporate loans was just under 3%, about 20bps lower YoY; the weighted-average rate on new home mortgages was about 3.1%, broadly unchanged YoY.