Overnight Policy Rate

E806321

The Overnight Policy Rate is Malaysia’s key short-term interest rate benchmark that guides the stance of monetary policy and influences broader borrowing costs and liquidity in the financial system.

All labels observed (1)

Label Occurrences
Overnight Policy Rate canonical 1

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf policy interest rate ⓘ
short-term interest rate benchmark ⓘ
administeredBy Bank Negara Malaysia ⓘ
affects commercial bank lending rates ⓘ
deposit rates ⓘ
financing costs for businesses ⓘ
financing costs for households ⓘ
interbank overnight rate ⓘ
overall monetary conditions in Malaysia ⓘ
alsoKnownAs OPR ⓘ
appliesTo ringgit-denominated interbank transactions ⓘ
benchmarkFor Malaysian money market rates ⓘ
base lending rate mechanisms ⓘ
base rate mechanisms ⓘ
componentOf Malaysia’s monetary policy framework ⓘ
country Malaysia ⓘ
currency Malaysian ringgit ⓘ
decisionBasis assessment of economic growth outlook ⓘ
assessment of external economic conditions ⓘ
assessment of financial stability risks ⓘ
assessment of inflation outlook ⓘ
decisionFrequency regularly at Monetary Policy Committee meetings ⓘ
hasDomain banking ⓘ
macroeconomics ⓘ
monetary policy ⓘ
influences credit growth in Malaysia ⓘ
domestic demand in Malaysia ⓘ
exchange rate pressures on the ringgit ⓘ
inflation in Malaysia ⓘ
introducedBy Bank Negara Malaysia ⓘ
jurisdiction Malaysia ⓘ
legalAuthority Central Bank of Malaysia Act 2009 ⓘ
monitoredBy businesses in Malaysia ⓘ
financial institutions in Malaysia ⓘ
households in Malaysia ⓘ
investors in Malaysian financial markets ⓘ
objective support price stability ⓘ
support sustainable economic growth ⓘ
primaryFunction anchor short-term interest rates in the money market ⓘ
guide stance of monetary policy in Malaysia ⓘ
influence borrowing costs in the economy ⓘ
influence liquidity conditions in the financial system ⓘ
region Southeast Asia ⓘ
relatedTo Malaysian Government Securities yields ⓘ
Malaysian Islamic money market rates ⓘ
Statutory Reserve Requirement of Malaysia ⓘ
setBy Bank Negara Malaysia Monetary Policy Committee ⓘ
timeHorizon short term ⓘ
typeOf central bank policy rate ⓘ
usedBy Bank Negara Malaysia ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.