Hong Kong dollar interbank interest rates have generally fallen. The one-month interest rate has dropped for five consecutive days to 3.05%.
On November 7th, the Hong Kong dollar interbank interest rates generally fell, with the one-month interbank rate related to mortgages falling for the fifth consecutive day, to 3.04637%, a decrease of 7.208 basis points.
On November 7th, the Hong Kong Dollar interbank borrowing rate generally decreased, with the one-month interbank borrowing rate related to mortgages falling for five consecutive days to 3.04637%, a decrease of 7.208 basis points. The three-month interbank borrowing rate, which reflects the cost of bank funds, fell to 3.44137%, a decrease of 2.845 basis points.
The overnight rate was 2.37226%, a decrease of 15.024 basis points. The one-week interbank rate increased by 3.417 basis points to 2.69786%, while the two-week rate decreased by 1.678 basis points to 2.79786%. In terms of longer-term rates, the six-month interbank rate decreased by 0.78 basis points to 3.37036%, while the one-year rate increased by 0.071 basis points to 3.34756%.
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