Latest Hong Kong Interbank Offered Rate (HIBOR) announced.

Sunday, Jun 22, 2025 11:36 pm ET1min read

Latest Hong Kong Interbank Offered Rate (HIBOR) announced.

The latest Hong Kong Interbank Offered Rate (HIBOR) has been published, reflecting the current market conditions and providing crucial insights for financial professionals and investors. The rates, as of 11:15 a.m. Hong Kong Time on June 19, 2025, show a range of interest rates for different maturities.

The overnight rate stands at 4.14333%, while the 1-week rate is 4.14905%. The 2-week rate is slightly higher at 4.16345%, and the 1-month rate is 4.06625%. The 2-month and 3-month rates are both at 4.02583%, indicating a slight decrease in interest rates for these periods. The 6-month rate is 3.99149%, and the 12-month rate is 4.05071% [1].

These rates are crucial for various financial transactions and investments in Hong Kong. The HIBOR is widely used as a benchmark for interest rates on loans and other financial instruments. The latest rates reflect the current economic conditions and market expectations.

Additionally, the latest development in the financial sector of Hong Kong and Shanghai is the signing of the Action Plan for Collaborative Development of Shanghai and Hong Kong International Financial Centers. This plan aims to deepen cooperation between the two cities in various areas, including the connectivity of financial markets, innovation in cross-border financial services, green finance, and technologies [2].

The plan includes measures to optimize the bond connect program and swap connect mechanism, as well as efforts to build Shanghai and Hong Kong into global centers for renminbi asset allocation and risk management. The use of artificial intelligence and blockchain in asset management, insurance, and settlement is also expected to be more widespread as the two cities deepen their cooperation.

In conclusion, the latest HIBOR rates provide valuable insights into the current market conditions, while the new action plan between Hong Kong and Shanghai indicates a significant step towards further integration and innovation in the global financial system.

References:
[1] https://www.hkab.org.hk/en/rates/hibor
[2] https://www.chinadaily.com.cn/a/202506/18/WS68522e96a310a04af22c7040.html

Latest Hong Kong Interbank Offered Rate (HIBOR) announced.

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