Hong Kong dollar interest rates are generally trending downwards, with the one-month interbank rate reported at 2.79%.

On January 23, the Hong Kong dollar interest rates in general fell, while the one-month interbank rate related to mortgage loans fell from a rise to a decline, reporting 2.79292%, a decrease of 1.113 basis points; the three-month interbank rate, reflecting the cost of bank funds, reported 2.88506%, a decrease of 2.06 basis points. The overnight rate was reported at 2.16786%, an increase of 8 basis points; the one-week interbank rate fell by 11.667 basis points, reporting 2.39869%, while the two-week rate fell by 16.297 basis points, reporting 2.56441%. As for longer-term rates, the six-month interbank rate fell by 0.899 basis points, reporting 2.93506%, while the one-year rate remained unchanged, reporting 3%.