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Hong Kong central bank cuts interest rate, tracks Fed move

UPDATE 3-Hong Kong central bank cuts interest rate, tracks Fed move Adds major banks' move in paragraph 6, economist comment in paragraph 7 and brokerage comments in paragraph 9 HONG KONG, Sept 19 (Reuters) - The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25%, tracking a move by the U.S.
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Hong Kong interbank rates edge down to milestone lows

RPT-Hong Kong interbank rates edge down to milestone lows Repeats, no change to text SINGAPORE, Sept 16 (Reuters) - Hong Kong interbank rates inched down on Monday, hitting the lowest levels in years as investors anticipate U.S. interest rate cuts and keep cash levels flush in the city. The overnight Hong Kong interbank offered rate (HIBOR) fell 21 basis points to a one-year low around 2.44% HIHKDOND= .
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Hong Kong interbank rates edge down to milestone lows

Hong Kong interbank rates edge down to milestone lows SINGAPORE, Sept 16 (Reuters) - Hong Kong interbank rates inched down on Monday, hitting the lowest levels in years as investors anticipate U.S. interest rate cuts and keep cash levels flush in the city. The overnight Hong Kong interbank offered rate (HIBOR) fell 21 basis points to a one-year low around 2.44% HIHKDOND= .
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Hong Kong interbank rates deepen slide

Hong Kong interbank rates deepen slide SINGAPORE, Sept 13 (Reuters) - Hong Kong interbank borrowing rates slid on Friday to hit milestone lows at tenors from overnight to one year, as investors anticipate U.S. rate cuts beginning next week. The overnight Hong Kong Interbank Offered Rate (HIBOR) HIHKDOND= fell 14.5 basis points to a one-year low of 2.6531%.
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2-WEEK HIBOR DOWN 20 BPS TO 1-YEAR LOW OF 3.43381%

Hong Kong interbank rates hit more than 1-year lows as Fed cuts loom SINGAPORE, Sept 12 (Reuters) - Hong Kong interbank rates fell to more than one-year lows on Thursday ahead of expected U.S. interest rate cuts and in a sign that the Asian financial hub is awash with cash. Overnight HIBOR HIHKDOND= fell 13 basis points to its lowest since April at 2.79857% while rates at tenors from two months to six months hit their lowest since May 2023. One-year HIBOR HIHKD1YD= made a two-year low of 4.11643
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