Financial news
Written by: Zhang Weilun
2020-01-20 14:30
Last updated: 2020-01-20 14:30The approach of the Lunar New Year holiday has prompted a short-term interest rate hike, with overnight interest rates rising sharply by 73 basis points.
According to the Treasury Market Association, the overnight interest rate was last reported at 2.10357%, up about 73 basis points. The one-week interest rate was last reported at 2.00607%, up 34 basis points. The two-week interest rate was last reported at 2.075%, up 23 basis points.
The latest one-month interest rate was 1.98806%, up about 3 basis points, the latest two-month interest rate was 2.08881%, up 1 basis point, and the latest three-month interest rate was 2.21941%, similar to the previous day.
As for the medium and long-term interest rate, the latest 6-month interest rate was reported at 2.30643%, and the latest 12-month interest rate was reported at 2.37643%, which was little changed from the previous day.
Hong Kong Interbank Offered Rate
