The Hong Kong dollar interbank interest rates have shown individual developments. The one-month interbank interest rate has halted its three consecutive declines, reporting at 2.48%.
On May 6, the individual development of Hong Kong Dollar interbank interest rates varied, while the one-month interbank interest rates related to mortgages ended a three-day decline, reporting 2.47845%, down 1.042 basis points.
On May 6, there were various developments in the Hong Kong dollar interbank interest rates. The one-month interbank interest rate related to property mortgages ended three consecutive declines, reporting 2.47845%, a decrease of 1.042 basis points. The three-month interbank interest rate, which reflects the bank's funding costs, stood at 2.6431%, an increase of 2.286 basis points.
Overnight interest rates were at 2.44119%, a decrease of 10.357 basis points. The one-week interbank interest rate dropped by 6.696 basis points to 2.4078%, while the two-week rate fell by 3.869 basis points to 2.43625%. In terms of longer-term rates, the six-month interbank interest rate increased by 1.28 basis points to 2.75143%, while the one-year rate remained unchanged at 3.00262%.
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