The OPR is the benchmark interest rate set by BNM, which determines how much it costs banks to lend money to one another.

The secured overnight financing rate (SOFR) is a target benchmark rate for dollar-denominated derivatives and loans that replaced LIBOR.

The average credit card interest rate is 20.13 percent, down from a record-high 20.79 percent set on Aug. 14, 2024. Current credit card interest rates ...

CDOR to Support Industry Growth. CDOR rates are designed to support markets for hedging funding costs, securing yields, and developing cross-currency rate strategies.