Hong Kong dollar interest rates are rising across the board, with one-month interest rates at 3.59%.
On October 6th, the Hong Kong Interbank Offered Rate (HIBOR) rose across the board, with the one-month rate related to mortgage loans reported at 3.58667%.
On October 6th, the Hong Kong dollar interest rates all rose, with the one-month interbank rate related to mortgages also increasing to 3.58667%, up by 7.203 basis points for two consecutive days. The three-month interbank rate, reflecting the cost of funds for banks, rose to 3.60232%, up by 1.327 basis points.
The overnight rate increased to 3.7675%, up by 14.714 basis points. The one-week interbank rate rose by 5.298 basis points to 3.6%, while the two-week rate increased by 3.285 basis points to 3.57464%.
In terms of longer-term rates, the six-month interbank rate remained unchanged at 3.44024%, while the one-year rate increased by 0.286 basis points to 3.38905%.
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