The Hong Kong dollar interbank interest rates are generally trending upwards, with the one-month interbank interest rate rising for the second consecutive time to 3.8%.

On February 7th, the Hong Kong dollar interbank interest rates generally rose, with the one-month interbank interest rates related to mortgages rising for two consecutive days to 3.79458%, the highest since January 28th, but overnight rates fell slightly by nearly 5 basis points to 4.05607%. The three-month interbank interest rates, which reflect the cost of bank funds, rose to 3.83024%, the highest since January 27th, while the six-month interbank interest rates remained at 3.88315% and the one-year rate was 3.95982%.