Hong Kong dollar interbank offered rate (HIBOR) development varies, with one-month HIBOR increasing for four consecutive days to 1.10143%.
According to the Securities Times APP, on July 9th, the Hong Kong dollar interest rates developed individually, and the one-month interbank offered rate related to the property market rose for 4 consecutive days, reaching 1.10143%, an increase of 2.655 basis points, the highest since May 19th; the three-month interbank offered rate, reflecting the cost of bank funds, was reported at 1.80393%, a decrease of 1.071 basis points. The overnight rate was reported at 0.0697%, an increase of 2.928 basis points, while the one-week and two-week interbank rates rose by 1.648 basis points and 1.435 basis points respectively, to 0.38339% and 0.59524%. In terms of longer-term rates, the six-month and one-year interbank rates fell to 2.39786% and 2.925% respectively.
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