Hong Kong Dollar interest rates are dropping across the board. The one-month interest rate is reported at 3.42%.
On October 15th, the Hong Kong dollar interest rates all fell, with the one-month HIBOR related to mortgages reporting 3.42417%, a decrease of 8.006 basis points.
On October 15th, Hong Kong dollar interest rates all fell, with a one-month interbank rate related to property mortgages dropping by 8.006 basis points to 3.42417%, while the three-month interbank rate, reflecting the cost of bank funding, dropped by 4.16 basis points to 3.53066%.
The overnight rate fell by 21.917 basis points to 3.34476%, while the one-week interbank rate dropped by 11.345 basis points to 3.37232%, and the two-week rate dropped by 7.148 basis points to 3.41429%. In terms of longer-term rates, the six-month interbank rate dropped by 3.714 basis points to 3.4%, while the one-year rate dropped by 4.286 basis points to 3.3225%.
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