Hong Kong dollar interest rates have risen across the board, with the one-month interbank rate rising for five consecutive days to 2.97768%.
On November 26, the Hong Kong Dollar Interbank Offered Rate (HIBOR) increased across the board, with the one-month rate related to mortgages rising for 5 consecutive days to 2.97768%, an increase of 16.399 basis points.
On November 26th, the Hong Kong dollar interbank rates have all risen, with overnight rates at 1.92869%, up by 55.762 basis points. One-week interbank rates have risen by 23.678 basis points to 2.89476%, while two-week rates have increased by 20.726 basis points to 2.84119%. The one-month interbank rates, which are related to mortgage loans, have increased for five consecutive days to 2.97768%, up by 16.399 basis points.
The three-month interbank rates, which reflect the cost of bank funds, are at 3.2%, up by 5.69 basis points. In terms of longer-term rates, the six-month interbank rates have increased by 0.28 basis points to 3.24875%, while the one-year interbank rates have risen by 1.589 basis points to 3.27607%.
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