Hong Kong dollar interbank rates fall across the board, with one-month rates dropping for three consecutive days to 2.69%.
On January 13th, the Hong Kong dollar interbank interest rates all fell, while the one-month interbank rate related to property mortgage loans dropped for the third consecutive day by 2.69%, a decrease of 14.881 basis points.
On January 13th, the Hong Kong dollar interbank rates all fell, with the one-month interbank rate related to mortgages dropping for the third consecutive day to 2.69%, a decrease of 14.881 basis points. The three-month interbank rate, which reflects the cost of bank funds, fell to 2.83411%, a decrease of 5.589 basis points.
The overnight rate was 1.46405%, a decrease of 92.881 basis points. The one-week interbank rate dropped by 35.905 basis points to 2.23607%, while the two-week rate fell by 29.5 basis points to 2.32571%. In terms of longer term rates, the six-month interbank rate decreased by 2.56 basis points to 2.95113%, and the one-year rate fell by 2.768 basis points to 2.98625%.
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