Hang Seng Bank's Prime Rates

The London Inter-bank Offered Rate is an interest-rate average calculated from estimates submitted by the leading banks in London. Each bank estimates what it would be charged were it to borrow from other banks. The resulting rate is usually abbreviated to Libor (/ ˈ l aɪ b ɔːr /) or LIBOR, or more officially to ICE LIBOR (for Intercontinental Exchange Libor). ABS Co. SIBOR and SOR on: 13 March 2020 * * From 1 October 2015, the rates will be published on the ABS website seven days after. The rates on the website are updated around 11.30am (Singapore time) each business day. Deposit Interest Rate in Hong Kong increased to 0.04 percent in 2018 from 0.01 percent in 2017. Deposit Interest Rate in Hong Kong averaged 2.17 percent from 1990 until 2018, reaching an all time high of 6.70 percent in 1990 and a record low of 0.01 percent in 2009. This page includes a chart with historical data for Deposit Interest Rate in Hong Kong. A fixed rate home loan has a specific interest rate that is fixed and guaranteed for the initial period (typically 2 or 3 years) of the entire loan tenure, and the subsequent years' interest rates can vary. On the other hand, a floating rate home loan could be pegged to the prevailing SIBOR rates, usually based on 3-month or 1-month SIBOR rates. The 1 week US Dollar (USD) LIBOR interest rate is the average interest rate at which a selection of banks in London are prepared to lend to one another in American dollars with a maturity of 1 week. Alongside the 1 week US Dollar (USD) LIBOR interest rate we also have a large number of other LIBOR interest rates for other maturities and/or in other currencies. Promoting the competitiveness of the treasury markets in Hong Kong; formed by a merger of the previous Treasury Markets Forum of Hong Kong with the ACI-The Financial Markets Association of Hong Kong.

The 1 week US Dollar (USD) LIBOR interest rate is the average interest rate at which a selection of banks in London are prepared to lend to one another in American dollars with a maturity of 1 week. Alongside the 1 week US Dollar (USD) LIBOR interest rate we also have a large number of other LIBOR interest rates for other maturities and/or in other currencies.

HK dollar weakens as HIBOR takes hit. The one-month Hong Kong Interbank Offered Rates, linked to mortgage borrowing costs, fell to six-week low at 1.3 percent yesterday.Meanwhile, the three-month Hong Kong Inter-bank Offered Rate, (or HIBOR, Chinese: 香港銀行同業拆息), is the annualized rate charged for inter-bank lending on Hong Kong Dollar (HKD) denominated instruments, for a specified period ranging from overnight to one year. [citation needed] It is calculated daily at 11:00 a.m. local time based on quotations from 20 banks designated by the Hong Kong Association of Banks Current exchange rate US DOLLAR (USD) to China Offshore Spot (CNH) including currency converter, buying & selling rate and historical conversion chart. Singapore Interbank Offered Rate - SIBOR: The interest rate at which banks located in Asian time zones can borrow funds from other banks located in the region. In Asia, the SIBOR is used more SINGAPORE will transition from the use of the Sing-dollar Swap Offer Rate (SOR) to the Singapore Overnight Rate Average (SORA) over the next two years, as the scandal-tainted Libor is due to meet its end after 2021. Read more at The Business Times. 恒生銀行同業拆息 以上利率均為即日起息。 指由恒生銀行有限公司當日上午約11時（香港時間）公佈的1個月利息期的港元 Nibor - the Norwegian Interbank Offered Rate - is a collective term for Norwegian money market rates at different maturities. Nibor is intended to reflect the interest rate level a bank require for unsecured money market lending in NOK to another bank.

The overnight and one-week HIBOR rates have stayed close to zero and the one-month and three-month HIBOR rates have stayed below 1% since 2009. In fact, the difficulty faced by interest rate fixing mechanism stemmed from a reduction in interbank lending activities since the collapse of Lehman Brothers in 2008.

Hong Kong Interbank Offered Rate (HIBOR) as at any date means the Hong Kong Interbank Offered Rate for the interest period of 1 month for Hong Kong Dollars quoted by The Hongkong and Shanghai Banking Corporation Limited at or about 11:00 a.m. (Hong Kong time) on such date.

The following are the opening indicative counter exchange rates as on 18/03/2020 .Member Banks normally quote finer rates for commercial transactions. Whilst every reasonable effort is made to ensure that these exchange rates are correct as at the opening of business, HKAB and the contributing bank will not accept any responsibility or liability for any usage of these exchange rates for any

For more than 20 years, WM/Reuters FX rates have served as fully independent, objective, and unbiased sources for FX data. We pledge to ensure that the benchmarks remain trusted and fundamental components of market infrastructure - and are continually enhanced as market needs change. Hibor, or HIBOR (Hong Kong Interbank Offered Rate) fixed in Hong Kong (USD HIBOR was discontinued on 1 April 2014.) Ciror, or CIROR (CFETSUSD Interbank Reference Offered Rate) fixed in Shanghai, China. (commencing on 3 Sep 2018) The USD Libor in London is the most recognised and predominant one. Hong Kong Interbank Offered Rate (HIBOR) as at any date means the Hong Kong Interbank Offered Rate for the interest period of 1 month for Hong Kong Dollars quoted by The Hongkong and Shanghai Banking Corporation Limited at or about 11:00 a.m. (Hong Kong time) on such date. LIBOR or ICE LIBOR (previously BBA LIBOR) is a benchmark rate, which some of the world's leading banks charge each other for short-term loans. It stands for Intercontinental Exchange London real savings deposit rate , widening of interest rate differential between term deposits and savings deposits leads to reduction in the share of savings bank deposits in total deposits, Deregulation of the interest rate on savings deposit will make the rate flexible along with other interest rates depending on the market conditions.

HIBOR (Hong Kong Interbank Offered Rate) has been subject to a number of reforms and may be further reformed in the future. Multiple rate approach. HIBOR is expected to continue alongside HONIA. JPY: JPY LIBOR and TIBOR (Japanese Yen TIBOR and Euroyen TIBOR) TONAR (Tokyo Overnight Average Rate), the RFR for JPY also called TONA, is a pre

HKFE 3-Month Hibor Mar '17 (HBH17) Popular Cross Rates Australian Dollar British Pound Canadian Dollar Euro FX Japanese Yen Swiss Franc US Dollar Metals Rates All Forex Markets. Crypto Groupings. You may override or further define the Time Period, or generate a historical chart, BOCHK helps maximise your wealth potentials with innovative, professional and diversified services, striving to become Your Premier Bank. Here is a list of common RIC and Page codes. On Content Explorer page, press F4 key to open a Quote Object and enter the following RIC/Page Codes to retreive related information. To learn more about Objects, see next section. Equities & Indices ^ HIBOR rate quoted herein refers to the Hong Kong InterBank Offered Rate for the interest period of 1 month for Hong Kong Dollars quoted by Hang Seng Bank Limited ("Hang Seng") at or about 11:00 a.m. (Hong Kong time) on the loan drawdown date or interest fixing date. HIBOR HKD-HIBOR-HKAB HKD-HIBOR-HKAB-Bloomberg HONIA After consultation with industry participants with respect to GBP LIBOR/SONIA, CHF LIBOR/SARON, JPY LIBOR/TONA, TIBOR/TONA, Euroyen TIBOR/TONA and BBSW/Cash Rate, ISDA has determined that the adjustment to those RFRs to account for (i) the fact that the RFR The Hong Kong Interbank Offered Rate (HIBOR) is the rate on which Hong Kong dollar-denominated instruments are traded between banks in Hong Kong. Rates (ranging from one-month to 12-month rates) are set at 11:00 am on Hong Kong business days based on HIBOR quotations provided by 20 banks designated by the Hong Kong Association of Banks.

The following are the opening indicative counter exchange rates as on 21/03/2020 .Member Banks normally quote finer rates for commercial transactions. Whilst every reasonable effort is made to ensure that these exchange rates are correct as at the opening of business, HKAB and the contributing bank will not accept any responsibility or liability for any usage of these exchange rates for any Hong Kong Three Month Interbank Rate increased to 1.72 percent on Friday March 20 from 1.64 percent in the previous day. Interbank Rate in Hong Kong averaged 1.92 percent from 1982 until 2020, reaching an all time high of 15.56 percent in September of 1983 and a record low of 0.07 percent in December of 2003. This page provides - Hong Kong Three Month Interbank Rate - actual values, historical Hong Kong Inter-bank Offered Rate, (or HIBOR, Chinese: 香港銀行同業拆息), is the annualized rate charged for inter-bank lending on Hong Kong Dollar (HKD) denominated instruments, for a specified period ranging from overnight to one year. [citation needed] It is calculated daily at 11:00 a.m. local time based on quotations from 20 banks designated by the Hong Kong Association of Banks HKD Interest Settlement Rates - Disclaimer. HKAB makes no warranties, representations or undertakings, expressed or implied by law or otherwise, in relation to HKD Interest Settlement Rates and is not responsible for any errors or omissions, or losses caused by disruptions in the service, late publication or inaccuracy of the rates, or otherwise arising from the use of or reliance on the rates. The Hong Kong Association of Banks (HKAB) is the source and owner of the HKD Interest Settlement Rates, and copyright of such rates remains with the HKAB. Other Rates in this website are owned by the TMA. Save for the HKD Interest Settlement Rates, the copyright in the website, all material on this website, and the Rates are owned by the TMA.