Hong Kong Dollar Interbank Rates Rise Across the Board, One-Month Rate Climbs for Third Straight Day to 2.99%, a Fresh Two-Month High

Stock News
Sep 25

On September 25, Hong Kong dollar interbank rates rose across the board, with the one-month rate, which is linked to mortgage lending, reported at 2.99048%, up 3.357 basis points.

The three-month rate, which reflects banks' funding costs, was reported at 3.23339%, up 2.910 basis points.

The overnight rate was reported at 2.72786%, up 1.119 basis points.

The one-week rate rose 7.726 basis points to 3.20071%, while the two-week rate rose 6.553 basis points to 3.07839%.

The two-month rate rose 4.971 basis points to 3.12060%.

On the longer end, the six-month rate rose 1.423 basis points to 3.51423%, while the one-year rate rose 3.625 basis points to 3.97988%.

Interbank rates rose across the board for a second consecutive day, with the one-month rate climbing for a third straight day to 2.99048%, marking a fresh more than two-month high.

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