Hong Kong dollar lending rates generally rise, with interest rates rising for three consecutive days in a month and reaching a new two-week high.
On September 16, the Hong Kong dollar interbank interest rates generally rose, with the one-month interbank interest rates related to mortgages reported at 3.2175%, up 2.714 basis points, rising for three consecutive days and reaching a two-week high, the highest since August 29.
On September 16th, the Hong Kong dollar interbank rates generally rose, with the one-month interbank rate related to property loans reporting at 3.2175%, up 2.714 basis points, rising for three consecutive days to reach a two-week high, the highest since August 29th; the three-month interbank rate, reflecting the cost of bank funds, reported at 3.3431%, up 4.31 basis points.
The overnight rate reported at 2.88262%, down 17.845 basis points; the one-week interbank rate fell by 6.595 basis points, reporting at 2.97131%, while the two-week rate rose by 1.916 basis points, reporting at 3.09321%. In terms of longer-term rates, the six-month interbank rate rose by 6.869 basis points, reporting at 3.34381%, and the one-year rate rose by 4.31 basis points, reporting at 3.32887%.
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