Hong Kong interbank rates rise; one-week Hibor climbs to highest in 16 years
By Georgina Lee HONG KONG (Reuters) – Hong Kong interbank rates rose across all tenors on Friday, with the overnight interbank offered rate rising the most, climbing to the highest in four weeks. The overnight Hong Kong interbank offered rate (Hibor) jumped 63.5 basis points (bps) to 4.88%. One-week Hibor rose 62 bps to 4.92%,…
