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

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%.