TechFlow, on May 7, according to Jinshi Data, the People's Bank of China announced it will lower the re-lending interest rate by 0.25 percentage points effective May 7, 2025. After the adjustment, the three-month, six-month, and one-year re-lending rates for agriculture and small businesses will be 1.2%, 1.4%, and 1.5% respectively; the interest rate for the Supplemental Lending Facility (PSL) will be 2.0%; and the interest rate for special structural monetary policy tools will be 1.5%.
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