The Hong Kong dollar lending rates have decreased across the board for one month or longer terms, while the overnight rate has slightly increased to 0.02917%.

According to the a report from the Wisdom Financial APP, Hong Kong dollar interbank interest rates of one month or longer have all fallen. Among them, the one-month interbank interest rate has fallen for three consecutive days, reaching 0.52452%, the lowest since June 15, 2022. The three-month interbank interest rate, which reflects the cost of bank funds, has dropped to 1.55566%, the lowest since May 30. The six-month interbank interest rate is 2.30042%, reaching its lowest point in two weeks. The one-year interest rate has dropped by 3% to 2.99685%, but the overnight interest rate has slightly risen to 0.02917%, the highest since May 30.