Hong Kong dollar interest rates fell across the board, with one-month interbank rates hitting the lowest level since June 23rd.

On June 30th, the Hong Kong dollar interbank rates fell across the board, with the one-month Hong Kong dollar interbank rate related to property mortgages at 0.72744%, down by 10.292 basis points from the previous day and the lowest since June 23rd. Meanwhile, the three-month interbank rate, which reflects the cost of bank funds, was at 1.67958%, down by 3.221 basis points. In terms of short-term interbank rates, the overnight Hong Kong dollar interbank rate was at 0.02839%, down by 0.554 basis points and the lowest since June 25th. The one-week interbank rate fell by 6.565 basis points to 0.15637%, the lowest since June 23rd. As for longer-term interbank rates, the six-month and one-year rates were at 2.37625% and 2.96274% respectively, down by 0.333 basis points and 1.94 basis points.