Hong Kong dollar interest rates remain largely unchanged. The one-month interbank rate has dropped for the second consecutive time to 0.59%.
According to the Wisdom Financial APP, on May 29th, individual developments in Hong Kong dollar interest rates, but there were no major changes. Among them, the one-month interbank offered rate related to the property market fell for two consecutive days, with today's rate at 0.58857%, the lowest since May 26th. The three-month interbank offered rate, reflecting the cost of bank funds, also fell to 1.32286%, the lowest since June 17, 2022. Overnight interest rates rose slightly to 0.02816%. The six-month and one-year interbank offered rates rose to 2.19143% and 2.95917% respectively, the highest since May 26th.
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