Group 1 - The offshore RMB Hong Kong Interbank Offered Rate (Hibor) has mostly continued to rise, with the one-week Hibor increasing to 1.87606% and the two-week Hibor also rising to 1.87606%, both reaching the highest levels since April 11 [1] - The Hong Kong Monetary Authority (HKMA) has seen nearly 80% of its 20 billion RMB overnight repurchase agreement liquidity utilized [1] - The overnight Hibor has decreased by 2 basis points to 1.84076%, while the one-year Hibor has slightly increased to 1.98455% [1]

Core Viewpoint - The offshore RMB Hong Kong Interbank Offered Rate (Hibor) has mostly declined, indicating a decrease in liquidity, while the Hong Kong Monetary Authority (HKMA) has utilized over half of its 20 billion RMB daytime repurchase agreement liquidity [1]. Group 1: Hibor Rate Changes - The overnight Hibor decreased by 1 basis point to 1.40682%, nearing a one-week low [1]. - The one-week Hibor slightly fell to 1.56091%, reaching its lowest level since May 22 [1]. - The two-week Hibor dropped to 1.55364%, marking a low not seen since May 8 [1]. - The one-year Hibor decreased to 1.93939%, achieving a near one-week low [1]. Group 2: HKMA Liquidity Utilization - The HKMA's 20 billion RMB daytime repurchase agreement liquidity has been utilized by over half [1].

Group 1 - The offshore RMB Hong Kong Interbank Offered Rate (Hibor) shows a downward trend in most major tenors, with the overnight Hibor decreasing by 5 basis points to 1.41894% [1] - The Hong Kong Monetary Authority (HKMA) has seen over 60% of the 200 billion RMB daytime repurchase agreement liquidity utilized [1] - The one-week Hibor slightly increased to 1.57970%, while the two-week Hibor fell to 1.56970%, marking the lowest point since May 21 [1]

Group 1 - The offshore RMB Hong Kong Interbank Offered Rate (CNH HIBOR) shows a decline in most major tenors, indicating a decrease in offshore RMB liquidity [1] - The overnight HIBOR increased by 5 basis points to 1.47333%, while the one-week HIBOR slightly decreased to 1.57879% and the two-week HIBOR fell to 1.57242%, marking the lowest level since May 22 [1] - The Hong Kong Monetary Authority (HKMA) has utilized nearly half of the 200 billion RMB in its daytime repurchase agreement liquidity [1]