Hong Kong dollar interest rates generally rose slightly, with one-month interest rates seeing a two-week high.

date
15/11/2024
avatar
GMT Eight
On November 15th, Hong Kong Interbank Offered Rates (HIBOR) generally saw a slight increase, with the one-month rate related to mortgages rising for two consecutive days to 4.14119%, hitting a two-week high, but the overnight rate fell by 5 basis points to 3.8731%. The three-month interbank rate, which reflects the cost of bank funds, increased for seven consecutive days to 4.34048%, reaching the highest level since October 10th. The six-month and one-year rates also rose to 4.19095% and 4.13191% respectively.

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