prime rate
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The People's Bank of China on Monday kept benchmark lending rates unchanged for a sixth month, leaving the one-year loan prime rate at 3.65% and the five-year rate at 4.30%.
From Reuters
China left its benchmark lending rate, the loan prime rate, unchanged as expected.
From Seattle Times
In Asia, focus is on China's loan prime rate decision on Monday, with markets widely expecting its benchmark lending rates to be kept unchanged at the monthly fixing.
From Reuters
Many analysts expect it to keep benchmark lending rates unchanged for a sixth month, leaving the one-year loan prime rate at 3.65% and the five-year rate at 4.30%.
From Reuters
The one-year loan prime rate - on which most new and outstanding loans are based - is currently 3.65%, and the five-year rate - considered a reference rate for mortgages - is 4.30%.
From Reuters
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.