Hong Kong dollar interest rates rise across the board, with the 1-month rate increasing for two consecutive days to 2.07798%.
On April 8th, the Hong Kong dollar interbank interest rates rose across the board. The one-month interbank interest rates related to property loans increased for two consecutive days, reaching 2.07798%, a rise of 9.197 basis points.
On April 8th, the Hong Kong Interbank Offered Rate (HIBOR) increased across the board. The overnight rate rose by 3.887 basis points to 2.06161%, the one-week rate increased by 7.25 basis points to 2%, and the two-week rate went up by 12.559 basis points to 2%. The one-month HIBOR, which is related to mortgage rates, increased for two consecutive days to 2.07798%, a rise of 9.197 basis points.
The three-month HIBOR, which reflects the cost of bank funds, rose by 6.327 basis points to 2.34595%. In terms of longer-term rates, the six-month rate increased by 0.554 basis points to 2.64131%, while the one-year rate remained unchanged at 3.05119%.
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