The Hong Kong dollar interest rates are almost across the board falling, with the one-month interbank interest rate hitting its lowest level since June 23rd.
The Hong Kong Interbank Offered Rate (HIBOR) has seen a nearly across-the-board decrease, with the overnight rate rising slightly to 0.02039%, and the one-month rate related to mortgage loans dropping 1.708 basis points to 0.7125%, the lowest since June 23rd.
On July 3rd, the Hong Kong dollar interbank rates dropped across the board, with overnight interest rates rising slightly to 0.02039%. The one-month interbank rate related to property mortgages dropped by 1.708 basis points to 0.7125%, the lowest since June 23rd.
The three-month interbank rate, reflecting the cost of bank funds, dropped by 0.589 basis points to 1.7%. The six-month and one-year interbank rates were 2.31768% and 2.90601%, respectively, dropping by 1.089 basis points and 0.268 basis points.
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