Hong Kong dollar interest rates have all increased significantly, with the one-month rate ending a five-week decline at 2.41%.

On November 20th, the Hong Kong dollar interbank rates rose across the board, with the one-month interbank rate related to mortgage loans ending a five-day decline, reporting 2.41036%, an increase of 12.667 basis points. The three-month interbank rate reflecting bank funding costs stood at 3.0809%, an increase of 2.316 basis points. Overnight rates were at 1.37369%, an increase of 31.119 basis points; the one-week interbank rate rose by 55.601 basis points to 1.93964%, while the two-week interbank rate increased by 15.702 basis points to 2.30083%. In terms of longer-term rates, the six-month interbank rate rose by 1.352 basis points to 3.17054%, and the one-year rate increased by 1.922 basis points to 3.21202%.