Extended data
1, LPR (abbreviation of loan principal) refers to the best lending rate. The calculation method of LPR is generated by the joint quotation of 18 bank. The calculation method is to remove a highest price and a lowest price, and finally get the arithmetic average, and re-quote on the 20th of each month. It can be simply explained as interest rate marketization.
2. On June 65438+1October 65438+1October 0, 2020, the central bank decided to reduce the deposit reserve ratio of financial institutions by 0.5 percentage point on June 65438+1October 6, releasing about 800 billion yuan in liquidity. Although it is not a direct interest rate cut, the market generally predicts that the RRR cut is expected to lower the LPR quotation by 65438+ 10. However, what is LPR's June offer of 5438+ 10 still needs to wait for the official data on the 20th.