The Hong Kong dollar interbank interest rates are generally trending downwards. The one-month interbank interest rate has fallen for two consecutive days to 3.07548%.

On December 31st, the Hong Kong dollar interbank rates in general trended downward, with the one-month interbank rate related to property falling for two consecutive days to 3.07548%, a decrease of 13.559 basis points. The three-month interbank rate, which reflects the cost of bank funding, was reported at 2.93244%, a decrease of 10.363 basis points. The overnight rate was reported at 4.38226%, an increase of 50.19 basis points; the one-week interbank rate fell by 16.512 basis points to 4.02917%, while the two-week rate decreased by 52.035 basis points to 3.37429%. In terms of longer-term rates, the six-month interbank rate fell by 3.655 basis points to 2.9947%, while the one-year rate decreased by 1.565 basis points to 3.07673%.