Individual development of Hong Kong interbank interest rate, one-month interest rate is 2.41%.

On February 27, the Hong Kong Dollar Interbank Offered Rate (HIBOR) saw individual developments, with the one-month HIBOR related to mortgages dropping by 1.899 basis points to 2.41321%, reflecting a decrease in the cost of bank funds. The three-month HIBOR, which also reflects bank funding costs, dropped by 1.637 basis points to 2.58363%. The overnight rate rose by 13.441 basis points to 2.55191%, while the one-week rate increased by 1.179 basis points to 2.41179% and the two-week rate also increased by 1.179 basis points to 2.41179%. In terms of longer-term rates, the six-month rate dropped by 5.428 basis points to 2.73292% and the one-year rate dropped by 4.405 basis points to 2.84101%.