Hong Kong dollar interbank rates are all falling, with the one-month rate stopping a three-month increase and ending at 2.28%.

On March 30th, Hong Kong dollar borrowing rates all decreased, while the one-month interbank offered rate (HIBOR) related to mortgages ended a three-day increase, reporting 2.28292%, a drop of 16.494 basis points. The three-month HIBOR, which reflects bank funding costs, was at 2.41179%, down 11.94 basis points. The overnight rate was 2.29786%, a decrease of 27.821 basis points; the one-week rate dropped 19.857 basis points to 2.39929%, and the two-week rate decreased by 25.761 basis points to 2.3381%. As for longer-term rates, the six-month rate fell by 7.155 basis points to 2.75%, while the one-year rate dropped by 4.357 basis points to 3.13649%.