The Hong Kong Monetary Authority injected HK$5.5 billion in liquidity into banks through its discount window.

On February 18th, the Hong Kong Monetary Authority lent out 5.5 billion Hong Kong dollars through its discount window, the highest amount since December 2019. Hong Kong banks borrowing short-term funds from authorities reached the highest level in over five years, indicating a surge in liquidity demand. Additionally, the one-month Hibor rate closed near a one-month high on Tuesday, but still far from the levels seen in December last year.