The Hong Kong dollar's mid to long-term interest rates have rebounded, with interest rates ending a six-month decline.
On June 11th, the Hong Kong dollar mid- to long-term lending rate rebounded.
On June 11th, the Hong Kong dollar medium to long-term interbank rates rebounded. The one-month interbank rate related to mortgages ended a six-day decline, rising nearly 8 basis points to 0.62119%. The three-month interbank rate, which reflects the cost of bank funds, also rose to 1.72226%, the highest since June 6th.
Overnight rates remained at 0.02%, while one and two-week interbank rates fell. However, the six-month and one-year interbank rates rose to 2.41393% and 3.02268%, respectively.
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