ANZ also dropped its rates late Friday. Its one-year rate was reduced by 10 points to 6.35%, its 18-month rate fell 16 bps to 6.69% and its two-year rate went down by 5 points to 7.30%.
HBS has raised its six-month rate by 14 basis points today to 5.99% and its one and two-year rates rose 10 and 15 bps respectively. HBS's last rate changes was back in March this year when it made considerable reductions to its floating and long-term rates.
In Experts' Views the economists look into what is expected from the budget this Thursday.
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