CNH interbank offered rate falls across the board

Offshore Renminbi Hong Kong Interbank Offered Rate (HIBOR) on Thursday showed that major term rates fell across the board; with the one-year HIBOR dropping 11 basis points to 1.88061%, hitting a new record low. Overnight HIBOR fell 10 basis points to 1.52621%, one week HIBOR fell 6 basis points to 1.62182%, both reaching their lowest levels since June 23; two-week HIBOR dropped to 1.63030%, the lowest since June 24. Click on the link to view historical data.