Hong Kong dollar interbank interest rates generally fell. The one-month interbank interest rate fell for three consecutive days to 2.76%.

On January 20th, the Hong Kong dollar interbank interest rates generally fell, with overnight rates at 2.00071%, down 52.37 basis points; one-week rates fell by 1.417 basis points, at 2.26988%, and two-week rates fell by 0.048 basis points, at 2.60375%. The one-month interbank interest rate related to the loan-to-value ratio dropped for three consecutive days to 2.75923%, down 1.75 basis points. The three-month interbank interest rate, reflecting the cost of bank funds, was at 2.85589%, up 1.303 basis points. In terms of longer-term rates, the six-month interbank interest rate fell by 1.97 basis points, at 2.95375%, and the one-year rate increased by 0.071 basis points, at 3.00637%.