Hong Kong Monetary Authority: Composite interest rate drops by 35 basis points on a month-on-month basis at the end of June.

On July 18, the Hong Kong Monetary Authority announced the composite interest rate as of the end of June 2025. The composite interest rate, which reflects the average funding cost of banks, was 1.26 basis points at the end of June 2025, a decrease of 35 basis points from the end of May 2025. The decline in the composite interest rate mainly reflects a reduction in the weighted funding cost of deposits within the month.