Hong Kong dollar interbank rates are generally rising, with one-month interbank rates rising for two consecutive days, reaching a near one-week high.

On December 4th, the Hong Kong dollar interbank rates generally rose, with the one-month interbank rate related to mortgages reporting 3.03482%, an increase of 15.024 basis points, marking the highest level since November 28th. The three-month interbank rate, which reflects the cost of bank funds, reported 3.03458%, an increase of 2.631 basis points. The overnight rate was 2.06821%, an increase of 59.309 basis points, while the one-week interbank rate rose by 40.571 basis points to 2.1%. The two-week rate increased by 34.845 basis points to 2.22643%. In terms of longer-term rates, the six-month interbank rate decreased by 1.601 basis points to 3.10113%, while the one-year rate decreased by 2.273 basis points to 3.1481%.