Hong Kong dollar interest rates across the board are declining. One-month interbank offered rates are reported at 2.86%.
On January 9th, the Hong Kong Dollar Interbank Offered Rate (HIBOR) decreased across the board, with the one-month rate related to property mortgages reported at 2.86369%, a decrease of 14.429 basis points.
On January 9th, the Hong Kong dollar interbank rates all dropped, with the one-month interbank rate related to property mortgages at 2.86369%, down 14.429 basis points. The three-month interbank rate, which reflects the cost of bank funds, was 2.9125%, down 8.274 basis points.
The overnight rate was 2.87905%, down 112.452 basis points; the one-week interbank rate fell by 35.584 basis points to 2.92071%, and the two-week interbank rate dropped by 24.75 basis points to 2.92%. In terms of longer rates, the six-month interbank rate declined by 5.083 basis points to 2.98006%, while the one-year rate fell by 6.125 basis points to 3.01393%.
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