BAY cuts lending, deposit rates

After the cut, the three-month fixed rate will be 1.80-2 per cent, the six-month fixed rate will be 2.15-2.30 per cent, down from 2.35-2.5 per cent, and the 12-month fixed rate will be 2.6-2.75 per cent, down from 2.75-3 per cent.

The 24-month fixed rate will be 2.75 per cent, down from 3.20 per cent and the 36-month rate will be 2.75 per cent, down from 3.25 per cent.
The minimum loan rate will be 7.375 per cent, down from 7.5 per cent.