Hong Kong Dollar interbank lending rates are generally falling, with the one-month rate falling for five consecutive days to 2.65%.

On January 29th, the Hong Kong dollar interbank rates generally decreased, with the one-month interbank rate related to property mortgages dropping for the fifth consecutive day by 2.65%, a decrease of 1.321 basis points. The three-month interbank rate, which reflects the cost of bank funds, dropped by 1.619 basis points to 2.82298%. The overnight rate increased by 7.536 basis points to 1.89857%, while the one-week interbank rate dropped by 6.297 basis points to 2.34774% and the two-week rate dropped by 2.845 basis points to 2.41857%. In terms of longer-term rates, the six-month interbank rate dropped by 1.887 basis points to 2.89577%, while the one-year rate dropped by 0.809 basis points to 2.99685%.