FINANCIAL MARKET UPDATE USD/HKD steady at 7.8467/8496. USD/CNY weakened to 6.6914/6922. The one-year non-deliverable forward contract for CNY is quoted at 6.5063/5162, representing a discount/premium of 1,806 points compared to spot.
The overnight HIBOR stands at 2.41%, one-week HIBOR at 2.44%, two-week at 2.57%; one-month HIBOR at 2.75%, two-month at 3.02%, three-month at 3.31%, six-month at 3.48%, and one-year at 3.98%.
* Source: Hong Kong Association of Banks
List of preferential rates for HKD at major banks:
(kc)
The overnight HIBOR stands at 2.41%, one-week HIBOR at 2.44%, two-week at 2.57%; one-month HIBOR at 2.75%, two-month at 3.02%, three-month at 3.31%, six-month at 3.48%, and one-year at 3.98%.
| 11:15 (%) | Previous Day (13th) Close (%) | |
|---|---|---|
| Overnight | 2.4100 | 2.5700 |
| One Week | 2.4400 | 2.5300 |
| Two Weeks | 2.5700 | 2.6000 |
| One Month | 2.7500 | 2.7600 |
| Two Months | 3.0200 | 3.0200 |
| Three Months | 3.3100 | 3.3100 |
| Six Months | 3.4800 | 3.5000 |
| One Year | 3.9800 | 3.9800 |
List of preferential rates for HKD at major banks:
| Bank | Latest HKD Preferential Rate (per mille) |
|---|---|
| Bank of China (Hong Kong)/Hang Seng/HSBC | 5.0 |
| Bank of Communications/East Asia/CITIC International/Chiap Hua/C&G Bank/Citi/China Merchants Wing Lung/ Dah Sing/ICBC (Asia)/Nanyang Commercial/大众/Bank of East Asia/Standard Chartered; Virtual Banks: ZA Bank/Ping An Digital | 5.25 |
| CCB/DBS/Fubon | 5.375 |
| OCBC/Ant Group | 5.5 |
| Virtual Bank: ZA Bank | 6.375 |
| 11:15 | 09:30 | Previous Day (13th) Close | |
|---|---|---|---|
| USD/HKD | 7.8467/96 | 7.8466/96 | 7.8475/83 |
