Hong Kong interbank rates are generally falling. The one-month interest rate has risen to a fall of 2.84%.

On January 16, the Hong Kong Dollar interbank interest rates generally decreased, with the one-month interbank offered rate related to mortgage loans falling from an increase to decline to 2.84095%, a decrease of 0.762 basis points. The three-month interbank offered rate reflecting banks' funding costs fell to 2.86244%, a decrease of 4.179 basis points. The overnight interest rate was 1.90429%, a decrease of 24.023 basis points; the one-week interbank offered rate fell by 12.512 basis points to 2.39571%, while the two-week rate increased by 0.53 basis points to 2.56262%. In terms of longer-term rates, the six-month interbank offered rate decreased by 0.923 basis points to 2.98458%, while the one-year rate fell by 0.684 basis points to 3.0078%.