Group 1 - The Hong Kong interbank offered rates (HIBOR) have generally decreased, with the overnight rate reported at 4.00012%, an increase of 1.786 basis points, marking the highest level since May 2 [1] - The one-week HIBOR decreased by 9.143 basis points to 3.61405%, while the two-week rate fell by 15.512 basis points to 3.49262% [1] - The one-month HIBOR, which is related to mortgage rates, ended a three-month increase, reporting at 3.29655%, down by 0.994 basis points [1] Group 2 - The three-month HIBOR, reflecting the cost of bank funding, reported at 3.29583%, a decrease of 1.137 basis points [1] - The six-month HIBOR increased slightly by 0.428 basis points to 3.26952%, while the one-year HIBOR decreased by 3.196 basis points to 3.27167% [2]

Core Viewpoint - The Hong Kong interbank offered rates (HIBOR) have increased across all tenors, indicating a rise in the cost of bank funding, with the overnight rate reaching its highest level since May 2nd. Group 1: Interest Rate Changes - The overnight HIBOR rose to 3.98226%, an increase of 85.869 basis points, marking the highest level since May 2nd [1] - The one-week HIBOR increased by 54.119 basis points to 3.70548% [1] - The two-week HIBOR rose by 48.131 basis points to 3.64774% [1] - The one-month HIBOR reached 3.30649%, up by 7.339 basis points, and has increased for three consecutive days, the highest since May 6th [1] - The three-month HIBOR reported at 3.30720%, an increase of 3.41 basis points, the highest since May 7th [1] - The six-month HIBOR rose by 3.488 basis points to 3.26524% [1] - The one-year HIBOR increased by 6.97 basis points to 3.30363% [1] Group 2: Summary of HIBOR Rates - Overnight: 3.98226% [2] - One Week: 3.70548% [2] - Two Weeks: 3.64774% [2] - One Month: 3.30649% [2] - Two Months: 3.30649% [2] - Three Months: 3.30720% [2] - Six Months: 3.26524% [2] - Twelve Months: 3.30363% [2]

Core Points - The Hong Kong interbank offered rates (HIBOR) have risen across all tenors as of August 27, with the overnight rate at 3.12357%, an increase of 38.607 basis points, marking a significant rise [1] - The one-month HIBOR, which is closely related to mortgage rates, reached 3.2331%, up 41.846 basis points, the highest level since May 6 [1] - The three-month HIBOR is reported at 3.2731%, an increase of 35.917 basis points, also the highest since May 7 [1] Summary by Tenor - Overnight: 3.12357%, up 38.607 basis points [2] - One Week: 3.16429%, up 25.643 basis points [2] - Two Weeks: 3.16643%, up 30.226 basis points [2] - One Month: 3.23310%, up 41.846 basis points [2] - Two Months: 3.23381% [2] - Three Months: 3.27310%, up 35.917 basis points [2] - Six Months: 3.23036%, up 24.345 basis points [2] - Twelve Months: 3.23393%, up 13.53 basis points [2]

Group 1 - The Hong Kong interbank offered rates (HIBOR) have increased across all tenors as of August 26, with the overnight rate at 2.7375%, up by 7.405 basis points [1] - The one-week HIBOR rose by 9.822 basis points to 2.90786%, while the two-week rate increased by 8.155 basis points to 2.86417% [1] - The one-month HIBOR, which is relevant for mortgage loans, is reported at 2.81464%, an increase of 8.74 basis points [1] Group 2 - The three-month HIBOR, reflecting bank funding costs, is at 2.91393%, up by 12.441 basis points [1] - The six-month HIBOR increased by 0.786 basis points to 2.98691%, and the one-year rate rose by 1.702 basis points to 3.09863% [1]

智通财经APP获悉，8月25日，港元拆息普遍下跌，而与楼按相关的一个月拆息连跌3日，报2.7272%， 跌4.34基点，是8月19日后最低；反映银行资金成本的三个月拆息报2.78952%，跌4.786基点。 隔夜息报2.66345%，跌10.441基点；一周拆息升0.922基点，报2.80964%，两周则跌2.702基点，报 2.78262%。长息方面，六个月拆息跌0.714基点，报2.97905%，一年期则跌3.91基点，报3.08161%。 | 到期日 | 港元利息結算率 | | --- | --- | | 隔夜 | 2.66345 | | 1 星期 | 2.80964 | | 2 星期 | 2.78262 | | 1 個月 | 2.72720 | | 2 個月 | 2.75286 | | 3 個月 | 2.78952 | | 6 個月 | 2.97905 | | 12 個月 | 3.08161 | ...

智通财经APP获悉，8月22日，港元拆息全线下跌，而与楼按相关的一个月拆息连跌2日，报2.7706%， 跌7.131基点，是8月19日后最低;反映银行资金成本的三个月拆息报2.83738%，跌3.81基点。 隔夜息报2.76786%，跌3.024基点;一周拆息跌2.065基点，报2.80042%，两周则跌1.893基点，报 2.80964%。长息方面，六个月拆息无升跌，报2.98619%，一年期则跌3.203基点，报3.12071%。 | 到期日 | 港元利息结算率 | | --- | --- | | 陽夜 | 2.76786 | | 1 星期 | 2.80042 | | 2 星期 | 2.80964 | | 1 个月 | 2.77060 | | 2个月 | 2.83524 | | 3个月 | 2.83738 | | 6个月 | 2.98619 | | 12 个月 | 3.12071 | ...

| 到期日 | 港元利息结算率 | | --- | --- | | 陽夜 | 2.78762 | | 1 星期 | 2.80000 | | 2 星期 | 2.87917 | | 1 个月 | 2.85774 | | 2个月 | 2.85554 | | 3个月 | 2.92595 | | 6 个月 | 3.00000 | | 12 个月 | 3.18405 | | 香港时间2025-8-20 | | --- | | 上午11时15分的结算率。 | 隔夜息报2.78762%，跌10.631基点;一周拆息升13.881基点，报2.8%，两周则升20.524基点，报 2.87917%。长息方面，六个月拆息升30.155基点，报3%，一年期则升25.012基点，报3.18405%。 智通财经APP获悉，8月20日，港元拆息几乎全线上升，而与楼按相关的一个月拆息连升6日，报 2.85774%，升28.357基点，是5月7日后最高;反映银行资金成本的三个月拆息报2.92595%，升35.107基 点，是5月7日后最高。 ...

| 香港时间2025-8-19 | | --- | | 上午11时15分的结算率。 | | 到期日 | 港元利息结算率 | | --- | --- | | 陽夜 | 2.89393 | | 1 星期 | 2.66119 | | 2 星期 | 2.67393 | | 1 个月 | 2.57417 | | 2 个月 | 2.57774 | | 3 个月 | 2.57488 | | 6个月 | 2.69845 | | 12 个月 | 2.93393 | 智通财经APP获悉，8月19日，港元拆息全线向上，与楼按相关的一个月拆息连升5日，升56.024基点， 报2.57417%，是5月7日后最高;反映银行资金成本的三个月拆息报2.57488%，升39.155基点，是5月12日 后最高。 隔夜息报2.89393%，升92.625基点，是5月6日后最高;一周拆息升81.738基点，报2.66119%，两周则升 75.25基点，报2.67393%。长息方面，六个月拆息升23.5基点，报2.69845%，一年期则升16.756基点，报 2.93393%。 ...

Core Viewpoint - The Hong Kong interbank offered rate (HIBOR) has been rising, with the one-month HIBOR reaching 2% on August 18, marking a new high since May 8, indicating a shift in the banking system's liquidity and interest rate dynamics [1][2] Group 1: Banking System and HIBOR Trends - The banking system's surplus has decreased from a high of 1,740 million HKD in May to approximately 537 million HKD, nearing levels before the Hong Kong Monetary Authority (HKMA) intervened in early May [1] - The continuous rise in HIBOR over four consecutive working days suggests a tightening liquidity environment, with the actual mortgage rate now at 3.3%, still below the market cap of 3.5% [1][2] - The significant widening of the interest rate differential between Hong Kong and the U.S. has led to increased arbitrage activities, prompting the HKMA to intervene multiple times [1] Group 2: Future Expectations and Implications - The rise in HIBOR is expected to narrow the interest rate differential between Hong Kong and the U.S., reducing the incentive for arbitrage and stabilizing the Hong Kong dollar [2] - Despite the current HIBOR being over 2% lower than U.S. rates, expectations of a potential U.S. rate cut later this year could further influence HIBOR downward, with predictions of a decrease in the best lending rate (P) and capped mortgage rates by 0.25% to 0.5% [2] - Factors such as demand for Hong Kong dollars, arbitrage activities, and seasonal influences will continue to affect HIBOR fluctuations, necessitating borrowers to choose capped mortgage plans to mitigate risks associated with rising rates [2]

智通财经APP获悉，8月13日，港元拆息涨跌不一，隔夜拆息报0.17708%，升1.285基点，为8月11日后 最高；一周拆息升1.732基点，报0.35214%，两周拆息维持在0.5%。而与楼按相关的一个月拆息，报 0.91036%，升0.143基点，终止三连跌，为8月11日后最高；反映银行资金成本的三个月拆息报 1.60637%，升0.637基点。 | Maturity | HKD Interest Settlement Rates | | --- | --- | | Overnight | 0.17708 | | 1 Week | 0.35214 | | 2 Weeks | 0.50000 | | 1 Month | 0.91036 | | 2 Months | 1.31036 | | 3 Months | 1.60637 | | 6 Months | 2.21464 | | 12 Months | 2.61786 | 长息方面，六个月拆息维持在2.21464%，一年拆息则跌2.524基点，报2.61786%。 ...