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Friday, March 15, 2019

What happened to Hibor after HKMA intervention?

HKD Hibor

CNY Hibor
The current one-month HKD Hibor is at 1.58% and the CNY Hibor is at 2.79%.


The previous 1-month HKD Hibor was at 1.33% and the CNY Hibor was at 2.72% as shown in the link above.

The HKMA sold USD and bought HKD to stabilize the HKD which caused the 1-month hibor to rise across the board.

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