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Bank Negara maintains overnight policy rate at 3% |
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KUALA LUMPUR:
Bank Negara Malaysia (BNM) maintained the overnight policy rate (OPR) at 3%
at its Monetary Policy Committee (MPC) meeting on Thursday.
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Base Lending Rate (BLR) |
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Last Reported BLR : 6.60% (Effective Since 11 May 2011) |
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(Rate
refreshed on 09 May 2013) |
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BLR is a
minimum interest rate calculated by banking institutions based on a formula
which takes into account the institutions’ cost of funds and other
administrative costs. This is defined by central bank of the countries. The Overnight Policy Rate
(OPR) from
Bank Negara Malaysia is reference for banks
in
BLR adjustments, but there might
differ from bank to others bank. At the global money market down turn,
BLR will
get lower and if the money market on uptrend, it will correlation upward. It
is wisely and timely to consider take up mortgage loan and start to own your property
at the lower
BLR as current. |
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| Year | BLR (%) | Remark | ||||||||
| 2011 | 6.60 | Adjusted May 2011 | ||||||||
| 2010 | 6.30 | Adjusted July 2010 | ||||||||
| 2010 | 6.05 | Adjusted May 2010 | ||||||||
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2010 |
5.80 | Adjusted March 2010 | ||||||||
| 2009 | 5.55 | |||||||||
| 2008 | 6.75 | Adjusted March 2009 | ||||||||
| 2007 | 6.75 | |||||||||
| 2006 | 6.00 | |||||||||
| 2005 | 6.00 | |||||||||
| 2004 | 6.00 | |||||||||
| 2003 | 6.50 | |||||||||
| 2002 | 6.50 | |||||||||
| 2001 | 6.75 | |||||||||
| 2000 | 6.75 | >> More BLR Historical Data | ||||||||
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