Hong Kong dollar interbank rates surged across the board with the one-month interbank rate at 3.16196%.

Zhitong Finance APP learned that on September 12, the Hong Kong dollar interbank rates all rose, with the overnight rate at 2.63333%, up 21.797 basis points; the one-week rate up 15.095 basis points to 2.76274%; and the two-week rate up 11.214 basis points to 2.8275%. The one-month interbank rate related to mortgages rose by 12.476 basis points to 3.16196%, the highest since August 29; the three-month interbank rate reflecting the cost of bank funds was at 3.22173%, up 7.298 basis points.