HKD interbank rates rise broadly; one-month rate up for a second day at 2.76%.

On October 13, HKD interbank rates rose broadly, with the one-month rate linked to mortgage loans at 2.76327%, up 0.517 basis points; the three-month rate, which reflects banks' funding costs, was at 3.30929%, up 2.072 basis points. The overnight rate was at 2.56607%, down 34.429 basis points; the one-week rate rose 4.196 basis points to 2.52982%, while the two-week rate rose 4.482 basis points to 2.60446%. The two-month rate rose 1.733 basis points to 3.01679%. In longer tenors, the six-month rate fell 3.381 basis points to 3.49583%, while the one-year rate rose 0.047 basis points to 3.97964%.