Hong Kong dollar interbank interest rates generally rebounded, with the one-month interbank interest rate stopping its decline and rising to 4.03%.
07/11/2024
GMT Eight
On November 7, according to data from the Hong Kong Bank Union, the Hong Kong dollar interbank rates have generally increased. Among them, the overnight rate slightly rose to 3.74476%, reaching a new high in nearly a week, while the one-month interbank rate related to mortgage ended a four-week decline, rising slightly from a six-week low to 4.02911%. As for medium and long-term rates, the three-month interbank rate, reflecting the cost of bank funds, stopped a four-week decline, reporting 4.22839%, while the six-month interbank rate remained at 4.18506%, and the one-year rate decreased to 4.08679%.