Hong Kong dollar interest rates are on the rise across the board, with the one-month interbank rate reaching 2.85%.
On June 16, the Hong Kong dollar interbank interest rates surged across the board, with the one-month interbank borrowing rate related to property rising to 2.85143%, an increase of 10.286 basis points.
On June 16, the Hong Kong dollar interbank rates rose across the board. The one-month interbank rate related to mortgage loans reported 2.85143%, up by 10.286 basis points. The three-month interbank rate, which reflects the cost of bank funds, reported 2.90161%, up by 5.161 basis points.
The overnight rate reported 2.56512%, up by 45.369 basis points. The one-week interbank rate increased by 15.548 basis points to 2.39429%, while the two-week rate increased by 13.542 basis points to 2.48917%. In terms of longer-term rates, the six-month interbank rate rose by 2.708 basis points to 3.00595%, while the one-year rate increased by 0.691 basis points to 3.23929%.
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