Hong Kong dollar interest rates are generally falling, with the overnight interbank rate falling for four consecutive days to 3.44% in a month.

On October 13th, the Hong Kong dollar interest rates in general trended downwards, with the one-month interbank offered rate related to mortgage loans dropping by 4.411 basis points to 3.44024%, marking a four-day decline. The three-month interbank offered rate, which reflects the cost of bank funds, also decreased by 6.256 basis points to 3.52321%. The overnight rate increased by 5.44 basis points to 3.59571%, while the one-week interbank offered rate fell by 6.131 basis points to 3.42417% and the two-week rate dropped by 8.929 basis points to 3.42321%. In terms of longer-term rates, the six-month interbank offered rate decreased by 1.321 basis points to 3.4%, and the one-year rate dropped by 4.19 basis points to 3.32631%.