The Hong Kong dollar interbank interest rates have varied, with overnight rates reaching their highest levels in a week.

On February 28, Hong Kong dollar interest rates showed mixed developments. Among them, the overnight rate rebounded by 39 basis points to 3.77202%, reaching the weekly high, while the one-month interbank rate related to mortgages also slightly decreased to 3.96018%. The three-month interbank rate reflecting the cost of bank funds reported at 4.01351%. The six-month rate remained at 4.06494%, while the one-year rate rose to 4.13696%.