HKD HIBOR rises broadly; one-month rate up for third straight day at 2.68%
On November 13, HKD HIBOR rose broadly, with the one-month rate linked to mortgage loans at 2.67714%, up 3.851 basis points.
On November 13, HKD HIBOR rates rose broadly, with the one-month HIBOR, which is linked to mortgage rates, at 2.67714%, up 3.851 basis points; the three-month HIBOR, which reflects banks' funding costs, was at 3.21107%, up 1.077 basis points.
The overnight rate was at 2.50024%, down 3.369 basis points; the one-week HIBOR fell 4.214 basis points to 2.48679%, while the two-week rate rose 0.857 basis points to 2.56708%.
In terms of longer tenors, the six-month HIBOR rose 2.846 basis points to 3.38792%, while the one-year rate rose 3.750 basis points to 3.90452%.
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