Hong Kong dollar interbank rates are generally decreasing, with one-month interbank rates falling for six consecutive days.

On January 15, the Hong Kong dollar interbank interest rates were generally trending downwards. The overnight rate dropped to 2.91417%, the lowest since September 17 last year. The one-month interbank interest rates, which are related to property mortgages, also dropped for the sixth consecutive day to 3.93268%, the lowest since September 23 last year. The three-month interbank interest rate, reflecting the cost of bank funds, decreased by 7 basis points to 3.93482%, falling below the 4% level and reaching a new low for over three and a half months. The six-month and one-year rates also dropped to 4% and 4.01566% respectively.