The Hong Kong Dollar interbank interest rates have shown individual development, with the overnight rate rising for two consecutive days to reach 3.3506% in the monthly interbank interest rate.

The Hong Kong Interbank Offered Rate (HIBOR) showed different trends for short-term and long-term rates. According to data released by the Hong Kong Association of Banks on December 29, the one-month interbank offered rate related to mortgages rose for two consecutive days to 3.3506%, an increase of 6.149 basis points. The three-month interbank offered rate, which reflects the cost of banks' funds, decreased by 1.059 basis points to 3.08435%. The overnight rate dropped by 2.607 basis points to 3.99786%, while the one-week rate increased by 5.595 basis points to 4.45905% and the two-week rate rose by 3.821 basis points to 3.96631%. On the long end, the six-month interbank offered rate increased by 1.328 basis points to 3.05042%, while the one-year rate decreased by 0.035 basis points to 3.09167%.