Hong Kong dollar interbank interest rates have all risen, with the one-month interest rate ending a four-day decline and reporting at 2.85%.
On January 15th, interbank interest rates for Hong Kong dollars began to rise across the board, while the one-month interbank rate related to property mortgages ended a four-day decline, closing at 2.84857%, up 20.071 basis points.
On January 15th, the Hong Kong dollar interbank rates were all up, with the one-month interbank rate related to property loans ending a four-week decline at 2.84857%, up 20.071 basis points. The three-month interbank rate, reflecting the cost of bank funds, was at 2.90423%, up 10.352 basis points.
The overnight rate was at 2.14452%, up 81.535 basis points; the one-week interbank rate rose by 51.285 basis points to 2.52083%, while the two-week rate increased by 48.601 basis points to 2.55732%. In terms of longer-term rates, the six-month interbank rate rose by 5.357 basis points to 2.99381%, while the one-year rate increased by 1.565 basis points to 3.01464%.
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