The Hong Kong dollar interest rates are generally decreasing, with the one-month interbank rate hitting a one-week low.

On December 12th, the Hong Kong dollar interbank rates generally declined, with the one-month interbank rate related to property mortgages at 3.03952%, a decrease of 9.435 basis points, the lowest since December 4th; the three-month interbank rate, reflecting the bank's cost of funds, was at 3.02696%, a decrease of 2.798 basis points. The overnight rate was at 1.7081%, an increase of 10.881 basis points, the highest since December 9th; the one-week interbank rate decreased by 3.202 basis points, at 2.0375%, while the two-week rate increased by 3.024 basis points, at 2.29048%. In terms of longer-term rates, the six-month interbank rate decreased by 0.214 basis points, at 3.10423%, while the one-year rate decreased by 1.113 basis points, at 3.12679%.