The Hong Kong dollar's benchmark interest rates have rebounded across the board, with the one-month interbank offered rate (HIBOR) reported at 2.59%.
On February 5, Hong Kong Interbank Offered Rates rebounded across the board, with the one-month rate related to mortgages reported at 2.59452%, an increase of 10.017 basis points, ending a nine-day losing streak.
On February 5th, the Hong Kong dollar interbank interest rates rebounded across the board. The one-month interbank offered rate related to mortgages rose to 2.59452%, an increase of 10.017 basis points, ending a streak of 9 consecutive trading days of decline. The three-month interbank offered rate, which reflects bank funding costs, rose to 2.7775%, an increase of 3.571 basis points.
The overnight interbank offered rate rose to 1.86583%, an increase of 8.333 basis points. The one-week interbank offered rate rose by 8.261 basis points to 2.01321%, while the two-week rate increased by 6.125 basis points to 2.45536%. In terms of longer-term rates, the six-month interbank offered rate rose by 1.584 basis points to 2.88435%, while the one-year rate increased by 1.006 basis points to 2.97536%.
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