Hong Kong interbank rates have varied development, with the one-month rate hitting a new low of 2.30% in over three months.

On March 3, Hong Kong Interbank Offered Rates (HIBOR) saw individual developments, with the one-month rate related to mortgages dropping for three consecutive days to 2.30446%, a decrease of 5.072 basis points, the lowest since November 19, 2025. The three-month HIBOR, which reflects bank funding costs, dropped to 2.48577%, a decrease of 4.31 basis points, the lowest since August 18, 2025. Overnight rates were at 2.12131%, an increase of 2.048 basis points. The one-week HIBOR increased by 1.738 basis points to 2.15333%, while the two-week rate remained unchanged at 2.21768%. In terms of longer-term rates, the six-month HIBOR dropped by 6.905 basis points to 2.60946%, while the one-year rate decreased by 4.131 basis points to 2.7403%.