HKD interbank rates show mixed developments; one-month rate reverses losses to rise to 2.68%.
On November 3, HKD interbank rates showed mixed developments, with the one-month rate, which is linked to mortgage loans, reported at 2.68000%, up 0.250 basis points.
On November 3, HKD interbank rates showed mixed developments. The one-month rate, which is linked to mortgage loans, was quoted at 2.68000%, up 0.250 basis points; the three-month rate, which reflects banks' funding costs, was quoted at 3.21399%, up 0.851 basis points.
The overnight rate was quoted at 2.34333%, down 10.715 basis points; the one-week rate fell 7.512 basis points to 2.40000%, while the two-week rate fell 0.208 basis points to 2.52893%.
In terms of longer tenors, the six-month rate fell 1.232 basis points to 3.42179%, while the one-year rate fell 1.279 basis points to 3.90685%.
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