The Hong Kong dollar interbank interest rates have generally decreased. The one-month interest rate has increased and then decreased to 3.47%.
On October 24th, the Hong Kong dollar interbank borrowing rate generally decreased, with the one-month interbank borrowing rate related to property mortgage loans reporting at 3.47292%, down 6.803 basis points.
On October 24th, the Hong Kong dollar interbank interest rates generally trended downwards. The one-month interbank rate, which is related to the property market, dropped by 6.803 basis points to 3.47292%, reflecting a decrease in banks' funding costs. The three-month interbank rate decreased by 4.125 basis points to 3.57268%.
The overnight rate dropped by 12.607 basis points to 2.91345%, while the one-week rate decreased by 20.012 basis points to 3.27357%. The two-week rate also dropped by 9.059 basis points to 3.50423%. In terms of longer-term rates, the six-month interbank rate decreased by 2.631 basis points to 3.41321%, while the one-year rate increased by 0.893 basis points to 3.33405%.
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