Hong Kong dollar interbank rates are all trending downward, with one month interbank rate at 2.05%, approaching the six-month low.

On March 9th, the Hong Kong dollar interbank rates all fell, with the one-month interbank rate related to property mortgages at 2.04524%, a decrease of 15.089 basis points, hitting a six-month low. The three-month interbank rate, which reflects the cost of funds for banks, was at 2.4303%, a decrease of 3.559 basis points. The overnight rate was 1.33202%, a decrease of 23.048 basis points; the one-week interbank rate fell by 10.637 basis points to 1.66565%, and the two-week rate dropped by 8.131 basis points to 1.79143%. In terms of longer-term rates, the six-month interbank rate fell by 0.69 basis points to 2.63125%, while the one-year rate dropped by 2.845 basis points to 2.78101%.