HIBOR trend | 1-month interbank offered rate stops rising and falls, reported at 2.84095 cents
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According to the Hong Kong Association of Banks, the one-month Hong Kong Interbank Offered Rate (HIBOR) on January 16 was 2.84095%, down 0.76 basis points from the previous trading day. Short-term interbank rates generally fell, with the overnight rate dropping to 1.90429%, the one-week rate falling to 2.39571%, and the two-week rate slightly rising to 2.56262%. Medium to long-term rates all declined, with the two-month rate reported at 2.85357%, the three-month rate at 2.86244%, the six-month rate at 2.98458%, and the one-year rate at 3.00780%
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