BEIJING - China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.55 percent Thursday, unchanged from the previous month.

The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 4.2 percent, according to the National Interbank Funding Center.

China lowered the one-year rate by 10 basis points to 3.55 percent last month. The over-five-year rate was also slashed by 10 basis points to 4.2 percent in June.

The monthly data is a pricing reference rate for banks, based on rates of the central bank's open market operations, especially the medium-term lending facility rate.