Hong Kong dollar interest rates rise across the board, with one-month interest rates rising for two consecutive days to 2.62%.

On May 8th, Hong Kong dollar interbank interest rates rose across the board, with the one-month interbank rate related to mortgages rising for two consecutive days to 2.61613%, an increase of 10.143 basis points. The three-month interbank rate, reflecting the cost of bank funds, rose to 2.8%, an increase of 9.018 basis points. The overnight rate rose to 2.73839%, an increase of 28.148 basis points; the one-week interbank rate increased by 16.684 basis points to 2.6147%, while the two-week rate also increased by 16.684 basis points to 2.6147%. In terms of long-term rates, the six-month interbank rate rose by 3.959 basis points to 2.82774%, while the one-year rate increased by 4.905 basis points to 3.07869%.