Financial News
Written by: Zhang Weilun
2020-07-13 12:30
Last update date: 2020-07-13 12:30The interest rate in Hong Kong continues to fall, with one-month interest rate falling below 0.39% and overnight interest rate falling below 0.11%.
According to the Treasury Market Association, the latest overnight interest rate was 0.1081%, which was about 2 basis points lower than the previous day. The one-week interest rate was 0.22655%, which was more than 1 basis point. The two-week interest rate was 0.29929%, which was about 3 Basis point.
The latest 1-month interest rate report was 0.38232%, which fell by more than 1 basis point, the lowest in June 2017. The latest two-month interest rate report was 0.49625%, down about 2 basis points, and the latest three-month interest rate report was 0.60786%, down more than 2 basis points.
In terms of mid-term and long-term interest rates, the latest 6-month interest rate was 0.84482%, down about 1 basis point; the latest 12-month interest rate was 1.07816%, down less than 1 basis point.
Hong Kong Interbank Offered Rate
