Financial news
Written by: Zhang Weilun
2020-03-05 14:45
Last updated: 2020-03-05 14:45Hong Kong's interest rate continued to fall, of which the one-month interest rate used as the reference for interest rate mortgages fell by 1.3%, a new one-year low.
According to information from the Treasury Market Association, overnight interest rate was 0.70679%, down about 17 basis points. The latest one-week rate was 0.83119%, down 22 basis points, and the two-week rate was 0.93673%, down 21 basis points.
The latest 1-month interest rate was 1.286625%, down about 12 basis points, the latest 2-month interest rate was 1.41357%, down about 10 basis points, and the latest 3-month interest rate was 1.52071%, down about 8 basis points.
In the medium and long-term interest rate, the 6-month interest rate fell by about 5 basis points, and the 12-month interest rate was last reported at 1.880006%, down by about 2 basis points.
Hong Kong Interbank Offered Rate