HKD interbank rates diverge; one-month rate rises for second day to 2.78%

ZHITONG FINANCE APP has learned that on October 23, HKD interbank rates showed mixed developments, with the one-month interbank rate, which is related to mortgage loans, reported at 2.77893%, up 3.393 basis points; the three-month interbank rate, which reflects banks' funding costs, reported at 3.25333%, down 0.072 basis points.