{"id":24786,"date":"2019-05-14T14:32:59","date_gmt":"2019-05-14T06:32:59","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=24786"},"modified":"2019-05-14T14:33:01","modified_gmt":"2019-05-14T06:33:01","slug":"downward-revision-of-base-rate-br-base-financing-rates-bfr-and-fixed-term-deposit-rates-fta","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=24786","title":{"rendered":"Downward Revision of Base Rate (BR), Base Financing Rates (BFR) and Fixed Term Deposit Rates (FTA)"},"content":{"rendered":"\n<p><strong>KUALA LUMPUR, May 14 (Bernama) &#8212;<\/strong>\u00a0In line with Bank Negara Malaysia\u2019s (\u201cBNM\u201d) recent decision to decrease the Overnight Policy Rate (\u201cOPR\u201d) to 3.00% with effect from 7<sup>th<\/sup>\u00a0May 2019, Bank\u2019s BR and BFR will be reduced by 25 basis points from 4.06% p.a. to 3.81% p.a. and 7.06% p.a. to 6.81% p.a. respectively. This will effectively impact all floating rate financing packages pegged to BR and BFR.<br><br>In line with the reduction in BR and BFR, Bank\u2019s fixed term deposit rates will also be revised downwards by up to 25 basis points. <\/p>\n\n\n\n<p><a href=\"http:\/\/mrem.bernama.com\/viewsm.php?idm=34545\">http:\/\/mrem.bernama.com\/viewsm.php?idm=34545<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, May 14 (Bernama) &#8212;\u00a0In line with Bank Negara Malaysia\u2019s (\u201cBNM\u201d) recent decision to decrease the Overnight Policy Rate (\u201cOPR\u201d) to 3.00% with effect from 7th\u00a0May 2019, Bank\u2019s BR and BFR will be reduced by 25 basis points from 4.06% p.a. to 3.81% p.a. and 7.06% p.a. to 6.81% p.a. respectively. This will effectively [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[315],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/24786"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24786"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/24786\/revisions"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24786"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}