Hong Kong dollar interbank rates across the board are on the rise, with the one-month rate reaching a new high for the month.

On September 24, the Hong Kong dollar interbank rates rose across the board, with the overnight rate increasing by nearly 41 basis points to 4.18976%, hitting a three-week high. The one-month interbank rate related to mortgages also climbed for three consecutive days, reaching 4.02179%, the highest in a month since August 21. The one-week interbank rate increased by 42 basis points to 4.26024%, while the three-month interbank rate, reflecting banks' funding costs, rose for two consecutive days to 4.05441%, the highest since September 12. In terms of longer-term rates, the six-month interbank rate further rose to 3.95244%, and the one-year rate also increased to 3.9706%.