Hong Kong dollar interest rates are on the rise across the board, with the one-month interbank rate reaching 2.85%.

13:32 16/06/2026

On June 16, the Hong Kong dollar interbank interest rates surged across the board, with the one-month interbank borrowing rate related to property rising to 2.85143%, an increase of 10.286 basis points.

On June 16, the Hong Kong dollar interbank rates rose across the board. The one-month interbank rate related to mortgage loans reported 2.85143%, up by 10.286 basis points. The three-month interbank rate, which reflects the cost of bank funds, reported 2.90161%, up by 5.161 basis points. The overnight rate reported 2.56512%, up by 45.369 basis points. The one-week interbank rate increased by 15.548 basis points to 2.39429%, while the two-week rate increased by 13.542 basis points to 2.48917%. In terms of longer-term rates, the six-month interbank rate rose by 2.708 basis points to 3.00595%, while the one-year rate increased by 0.691 basis points to 3.23929%.

Wall Street and Fitch lower oil price expectations together, but warn that the reopening of the Hormuz Strait may just be a "paper positive".

The Australian Reserve Bank has pressed the "pause button" on raising interest rates for the first time this year, while insisting that it retains the option of further tightening.

"Need to increase the intensity!" The Bank of Japan's rate hike was unable to dispel market concerns, leading to the yen giving back its gains and Japanese bonds coming under pressure.

Wall Street and Fitch lower oil price expectations together, but warn that the reopening of the Hormuz Strait may just be a "paper positive".

The Australian Reserve Bank has pressed the "pause button" on raising interest rates for the first time this year, while insisting that it retains the option of further tightening.

"Need to increase the intensity!" The Bank of Japan's rate hike was unable to dispel market concerns, leading to the yen giving back its gains and Japanese bonds coming under pressure.