The Hong Kong Interbank Offered Rate (HIBOR) generally weakened, with the overnight rate falling for two consecutive days to 3.9%.
13/12/2024
GMT Eight
On December 13th, the Hong Kong dollar interest rates softened, with the overnight rate falling for the second consecutive day to 3.9%. The one-month interbank rate related to property mortgages also stopped its four-day increase, reaching 4.47238%, setting a new high in nearly two and a half months.
The three-month interbank rate, reflecting the cost of bank funds, ended its three-day increase at 4.3528%. The six-month rate fell to 4.14381%, while the one-year rate remained at 4.1%. However, the two-week rate rose for four consecutive days to 4.17869%.