On July 16, the short-term lending rate of the Hong Kong dollar rose, but the long-term rate was soft. Among them, the overnight rate rose slightly by 4 basis points to 4.48131%, a new high in the past week.
According to the Smart Finance App, on July 16, the short-term lending rate of the Hong Kong dollar rose, but the long-term rate was soft. Among them, the overnight rate rose slightly by 4 basis points to 4.48131%, a new high in the past week. The one-month lending rate related to the mortgage also rose slightly to 4.63274%, reaching a new high in nearly three weeks. The three-month lending rate, reflecting the cost of bank funding, rebounded to 4.71351%, but the six-month and one-year periods fell to 4.8% and 4.88363% respectively.