The interbank interest rate for the Hong Kong Dollar is generally declining. The one-month interbank interest rate has fallen for four consecutive days to 2.66%.

On January 28th, the Hong Kong dollar interbank rates generally fell, with the one-month interbank rate related to mortgage loans falling for four consecutive days to 2.66321%, a decrease of 8.25 basis points. The three-month interbank rate, which reflects the cost of bank funds, fell to 2.83917%, a decrease of 0.869 basis points. The overnight rate was 1.82321%, a decrease of 33.215 basis points; the one-week interbank rate fell by 10.625 basis points to 2.41071%, while the two-week interbank rate fell by 7.244 basis points to 2.44702%. In terms of longer-term rates, the six-month interbank rate fell by 0.459 basis points to 2.91464%, while the one-year rate increased by 0.155 basis points to 3.00494%.