Most offshore RMB interbank offered rates rise, with over 40% of HKMA intraday repo liquidity utilized

Golden Ten Data reported on April 23 that offshore RMB Hong Kong Interbank Offered Rate (CNH HIBOR) on Thursday showed that most major tenor rates moved higher, while the overnight HIBOR fell by 8 basis points to 1.23212%, the lowest level since April 1. In addition, more than 40% of the HKMA's RMB 30 billion daytime repo liquidity has been utilized. The one-week HIBOR edged up to 1.36455%, the two-week HIBOR rose to 1.37879%, and the one-year HIBOR slightly increased to 1.73606%. Click the link to view historical data>>