Hong Kong dollar interbank rates are all down, with a one-month rate of 2.64%.

On May 15th, the Hong Kong dollar interest rates all fell, with the one-month interbank rate related to the property market reported at 2.63881%, a decrease of 1.637 basis points. The three-month interbank rate, which reflects the cost of bank funds, was reported at 2.88315%, a decrease of 0.143 basis points. The overnight rate was reported at 2.43077%, a decrease of 25.102 basis points; the one-week interbank rate dropped by 12.631 basis points to 2.5125%, while the two-week rate fell by 5.257 basis points to 2.58767%. In terms of longer-term rates, the six-month interbank rate decreased by 0.286 basis points to 3%, while the one-year rate fell by 1.16 basis points to 3.16423%.