Hong Kong dollar interbank interest rates are all rising, with the one-month interbank interest rate reported at 2.8%.

On January 22nd, the Hong Kong dollar interbank rates all rose, with the one-month interbank rate related to property mortgages stopping a four-day decline and reporting at 2.80405%, an increase of 7.512 basis points. The three-month interbank rate, which reflects the cost of bank funds, reported at 2.90566%, an increase of 7.293 basis points. The overnight rate was at 2.08786%, an increase of 43.81 basis points; the one-week interbank rate rose by 31.381 basis points to 2.51536%, while the two-week rate increased by 24.119 basis points to 2.72738%. In terms of longer-term rates, the six-month interbank rate increased by 1.185 basis points to 2.94405%, while the one-year rate increased by 1.351 basis points to 3%.