Hong Kong Dollar Interbank Rates Edge Higher As One-Month Hibor Rises for Second Straight Day
Stock News
Yesterday
Hong Kong dollar interbank offered rates mostly rose on September 14, with the one-month Hibor, closely tied to mortgage rates, climbing 0.923 basis points to 2.88887%, marking its second consecutive daily increase.
The three-month Hibor, a key indicator of bank funding costs, advanced 1.339 basis points to 3.07476%. Meanwhile, the overnight rate gained 1.190 basis points to 2.28750%.
In contrast, the one-week Hibor slipped 2.869 basis points to 2.42750%, while the two-week rate edged up 1.399 basis points to 2.52750%. The two-month tenure added 0.910 basis points to 2.97964%.
For longer maturities, the six-month Hibor rose 2.893 basis points to 3.27893%, and the one-year rate climbed 7.774 basis points to 3.66589%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.