The Hong Kong interbank offered rate (HIBOR) has generally fallen back. The one-month HIBOR is reported at 2.69%.

On July 8th, the Hong Kong dollar interest rates in general fell, with the one-month interbank offered rate related to mortgage loans reporting at 2.69435%, a decrease of 2.244 basis points. The three-month interbank offered rate, reflecting the cost of bank funds, was at 2.93649%, down by 0.071 basis points. The overnight rate was at 2.64548%, up by 7.227 basis points; the one-week interbank rate fell by 1.684 basis points to 2.6128%, while the two-week rate dropped by 7.988 basis points to 2.61351%. In the longer-term rates, the six-month interbank rate rose by 0.125 basis points to 3.18113%, while the one-year rate fell by 0.143 basis points to 3.5%.