Hong Kong dollar interbank rates have fallen back. The one-month interbank rate is reported at 2.83%.

On July 16th, the Hong Kong dollar interbank interest rates fell. The one-month interbank interest rate related to mortgage loans reported 2.82821%, a decrease of 0.179 basis points; the three-month interbank interest rate, which reflects banking funding costs, reported 3% with no change. The overnight rate was 2.62679%, a decrease of 26.94 basis points; the one-week interbank interest rate fell by 6.994 basis points to 2.78458%, while the two-week rate dropped by 6.922 basis points to 2.7853%. In terms of longer-term rates, the six-month interbank interest rate remained unchanged at 3.18506%, while the one-year rate decreased by 1.089 basis points to 3.56875%.