The Hong Kong dollar interbank interest rates in general are declining, with the three-month interbank interest rate at risk of breaking 4%.

On February 27, the Hong Kong dollar interest rates generally decreased. For example, the overnight rate fell by 23 basis points to 3.38179%, while the one-month rate related to the property market also slightly dropped to 3.98155%. The three-month interbank rate, reflecting the cost of funds for banks, stayed close to 4% at 4.0128%. The six-month and one-year rates were reported at 4.06494% and 4.11816% respectively.