Strategy depth report: "wide credit" interest rate cut

Report summary

In [tabl's sulmpmra quotation ry price this e day], LPR for one-year period was 3.70%, 3.70% last time, 4.45% for varieties over five years, and 4.60% last time.

For this LPR interest rate reduction, we try to answer the following questions:

Compared with previous LPR interest rate cuts, what is the difference between this interest rate cut? Why can the 5-year LPR interest rate be lowered by 15 BP when the MLF interest rate is not lowered? Why cut interest rates at this point in time? And how much effect can the LPR interest rate cut play?

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