Hong Kong dollar interest rates fluctuate and overnight interbank interest rate is reported at 0.19970%.

On July 15th, the Hong Kong dollar interbank interest rates fluctuated. The overnight interbank interest rate was reported at 0.19970%, a decrease of 0.03 basis points, the lowest since July 11th. The one-week and two-week interbank interest rates dropped by 2.393 basis points and 5.684 basis points respectively, to 0.39714% and 0.5903%. The one-month interbank interest rate, which is relevant to mortgages, ended a two-day increase, reporting 1.13905%, a decrease of 0.952 basis points, the lowest since July 11th. The three-month interbank interest rate, reflecting the bank's funding cost, was reported at 1.9128%, an increase of 1.066 basis points, the highest since May 20th. The six-month interbank interest rate increased by 5.279 basis points, reporting 2.54708%, and the one-year rate increased by 1.512 basis points, to 2.93923%.