Hong Kong dollar interbank rate rises for two consecutive months, while overnight rates fall for three consecutive days.

17/12/2024

On December 17, the Hong Kong dollar interest rates saw individual developments, with the overnight rate ending a three-day decline and returning to the level of 3.9%. The one-month interbank offered rate (HIBOR) related to the property sector also rose for two consecutive days, reaching 4.47345%.

On December 17th, the Hong Kong dollar interbank interest rates showed mixed developments. The overnight rate ended a three-day decline, returning to a level of 3.9%, while the one-month interbank rate related to property loans increased for two consecutive days, reaching 4.47345%. The three-month interbank rate, reflecting the cost of bank funds, slightly rose to 4.35423%, but the six-month rate fell to 4.14452%. The one-year rate remained steady at 4.1%.

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