Hong Kong dollar interbank rates rise again, with overnight rates increasing for six consecutive days to 3.24% in a month.

On November 27, the Hong Kong dollar interbank interest rates rose again, with the one-month interbank interest rates related to the property sector rising for the sixth consecutive day to 3.2428%, an increase of 26.512 basis points. The three-month interbank interest rates, reflecting the cost of bank funds, stood at 3.22643%, an increase of 2.643 basis points. The overnight interest rate was 3.36905%, an increase of 144.036 basis points. The one-week interbank interest rates increased by 1.774 basis points to 2.9125%, while the two-week rates rose by 1.298 basis points to 2.85417%. As for longer-term interest rates, the six-month interbank interest rate fell by 0.786 basis points to 3.24089%, while the one-year rate dropped by 1.036 basis points to 3.26571%.