HKD Interbank Rates Diverge as One-Month Rate Falls for Second Day to 3.01%
Stock News
Sep 30
On September 30, Hong Kong dollar interbank rates showed mixed movements, with the one-month rate linked to mortgage loans reported at 3.00518%, down 1.089 basis points, marking a second consecutive day of decline.
The three-month rate, which reflects banks' funding costs, came in at 3.24167%, down 0.071 basis points.
The overnight rate rose 123.809 basis points to 4.08750%, while the one-week rate edged up 0.167 basis points to 3.27798%, and the two-week rate gained 2.560 basis points to 3.09048%.
The two-month rate slipped 0.071 basis points to 3.14310%.
Among longer tenors, the six-month rate added 0.851 basis points to 3.53815%, and the one-year rate climbed 1.678 basis points to 4.01351%.
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