The individual development of Hong Kong Dollar interest rates fell for three consecutive days last month, reaching 2.02%.

On March 20th, the Hong Kong dollar interbank rates experienced different developments, with the one-month interbank rate related to property falling for three consecutive days to 2.02375%, a decrease of 3.071 basis points. The three-month interbank rate, which reflects the cost of bank funds, fell to 2.34238%, a decrease of 0.822 basis points. The overnight rates rose to 1.4%, an increase of 9.107 basis points. The one-week interbank rates increased by 0.875 basis points to 1.55256%, while the two-week rates decreased by 0.732 basis points to 1.93149%. In terms of longer-term rates, the six-month interbank rate remained unchanged at 2.60268%, while the one-year rate fell by 0.488 basis points to 2.82191%.