The Hong Kong dollar interbank offer rate generally trended downwards, with the one-month rate falling continuously for four days to 2.65%.
On January 14th, the Hong Kong Interbank Offered Rate generally decreased, with the one-month HIBOR related to mortgage loans falling for the fourth consecutive day to 2.64786%, a decrease of 4.214 basis points.
On January 14th, the Hong Kong dollar interbank rates generally fell, and the one-month interbank rate related to property prices fell for the fourth consecutive day to 2.64786%, a decrease of 4.214 basis points. The three-month interbank rate, which reflects the cost of bank funds, was 2.80071%, a decrease of 3.34 basis points.
The overnight rate was 1.32917%, a decrease of 13.488 basis points; the one-week interbank rate fell by 22.809 basis points to 2.00798%, while the two-week rate fell by 25.44 basis points to 2.07131%. In terms of longer-term rates, the six-month interbank rate fell by 1.089 basis points to 2.94024%, while the one-year rate increased by 1.274 basis points to 2.99899%.
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