The Hong Kong dollar interbank interest rates showed mixed development today, with the one-month interbank interest rate dropping for the third consecutive time to 0.7%.
On June 5th, the Hong Kong dollar interbank interest rates remained largely unchanged today. The overnight rate increased slightly from a record low to 0.01949%, while the one-month interbank interest rate related to property mortgages dropped for the third consecutive time to 0.7%, the lowest since May 30th.
On June 5, the Hong Kong dollar interbank interest rates remained relatively stable, with some individual changes. The overnight rate rose slightly from a record low to 0.01949%, while the one-month rate, which is related to mortgage rates, fell for the third consecutive time to 0.7%, the lowest since May 30.
The three-month interbank rate, which reflects the cost of bank funding, rose to 1.77226%, hitting a new high in over two weeks. On the longer end, the six-month interbank rate increased to 2.45393%, while the one-year rate stood at 3.11107%.
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