Rates crash further as banks race to beat 65 ldr deadline

It seems like you're referring to a news article or a financial update. Here's a possible summary:

"Banks are racing to beat the 65% Loan-to-Deposit (LDR) ratio deadline, which has led to a further crash in interest rates. The LDR ratio is a regulatory requirement that ensures banks maintain a certain level of liquidity by not lending too much money compared to their deposits. As banks scramble to meet this deadline, they are aggressively cutting interest rates to attract more deposits and reduce their lending risk. This has resulted in a sharp decline in interest rates, making it an attractive time for borrowers to take out loans or refinance existing ones."

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