The Hong Kong dollar interbank offered rate generally decreased, with the one-month interbank offered rate dropping by 1.947 basis points to 2.65589%.

On August 3, the Hong Kong dollar interbank offered rates generally declined, with the one-month HIBOR related to mortgages reported at 2.65589%, down 1.947 basis points; the three-month HIBOR, which reflects the cost of bank funding, was at 2.91399%, down 1.565 basis points. The overnight rate was 2.35405%, down 17.131 basis points; the one-week HIBOR dropped 15.762 basis points to 2.41607%, while the two-week rate fell 8.911 basis points to 2.51464%. The two-month HIBOR increased by 0.012 basis points to 2.83000%. For longer tenors, the six-month HIBOR declined by 0.970 basis points to 3.17607%, and the one-year rate decreased by 0.024 basis points to 3.53000%.