Search

NEWS
ECONOMY | Tony Chua, Hong Kong
Published: 19 Apr 11
1008 views


Hong Kong’s composite interest rate surges to 0.24%

Upward adjustments of the weighted deposit rate and interbank rates prompted the surge.

The composite interest rate increased by four basis points to 0.24% at the end of March, from 0.2% at the end of February, the Monetary Authority announced Tuesday.

The rise reflected upward adjustments of the weighted deposit rate and interbank rates.

During March, Hong Kong Interbank Offered Rates with maturities of one week or longer increased by one to six basis points, while the overnight HIBOR remained steady.



Sign up for our newsletter

 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.

Tags: Hong Kong composite interest, Hong Kong interest rate, Hong Kong composite interest rate

CO-WRITTEN ARTICLES & SPONSOR CONTENT ››

What you need to know about E-access services.
500 views

Creative Genius Asia shares why businessmen should consider producing films and television shows in the US.
209 views

LATEST ECONOMY JOBS »
  • No jobs posted on this category.
    PRINT ISSUE »

    Subscribe Now
    Cash-flush tourists in HK

    129 views

    Is Central Hong Kong a ghost town in the making?

    241 views

    As goes Singapore, so goes Hong Kong?

    207 views

    MOST READ EXCLUSIVES

    Hong Kong’s 10 Most Expensive Credit Cards

    Hong Kong’s 10 Most Expensive Credit Cards

    It’s all about exclusivity.

    by STAFF REPORTER
    24 Jul 2014 | 14394 views
     

    Hong Kong’s 6 hot new restaurants in July

    Hong Kong’s 6 hot new restaurants in July

    Have you tried eating pancake with a cocktail?

    by KRISANA GALLEZO
    5 Aug 2014 | 2711 views

    Take a tour at Facebook Hong Kong’s new office

    Take a tour at Facebook Hong Kong’s new office

    See how the staff named the meeting rooms and spaces in colloquial terms.

    by KRISANA GALLEZO
    28 Jul 2014 | 2628 views
     

    Hong Kong’s 12 MBA Programmes under $300,000

    Hong Kong’s 12 MBA Programmes under $300,000

    The cheapest is at HKD61,600.

    by KRISANA GALLEZO
    9 Jul 2014 | 2454 views

    Hong Kong’s 6 hot new restaurants in August

    Hong Kong’s 6 hot new restaurants in August

    Warm your belly with these top picks.

    by KRISANA GALLEZO
    5 Sep 2014 | 1600 views
     

    This startup could be a good buddy for small scale businesses

    This startup could be a good buddy for small scale businesses

    You’d be asking hundreds of people just to like your page no more.

    by KRISANA GALLEZO
    30 Jun 2014 | 1028 views

    Former investment banker launched HK's first financial comparison site

    Former investment banker launched HK\'s first financial comparison site

    The startup raised $3m funding in just one year.

    by KRISANA GALLEZO
    23 Jun 2014 | 828 views
     

    How a startup was born from a simple jam meetup of two strangers

    How a startup was born from a simple jam meetup of two strangers

    It helps businesses to design user experience integrating the online and offline worlds.

    by KRISANA GALLEZO
    7 Jul 2014 | 543 views

    Here’s a 3D printing pen you can hold in your hand

    Here’s a 3D printing pen you can hold in your hand

    It’s a popular project which collected over US$2m from 26,457 backers during its 34-day crowdfunding campaign.

    by KRISANA GALLEZO
    26 Aug 2014 | 528 views
     

    Check out the new SupremeGold Experience Centre for BEA’s premier customers

    Check out the new SupremeGold Experience Centre for BEA’s premier customers

    Indulge your bank transactions with warm and comfortable space to enjoy and relax.

    by KRISANA GALLEZO
    14 Aug 2014 | 520 views

    Here’s a Facebook-like neighborhood social network just for Hong Kong

    Here’s a Facebook-like neighborhood social network just for Hong Kong

    Do you want to make sure that the person you are sharing the lift with is a neighbor and not a stranger?

    by KRISANA GALLEZO
    3 Sep 2014 | 505 views
     

    Franck Muller opens a Maison for luxury and cravings

    Franck Muller opens a Maison for luxury and cravings

    Its flagship store in HK comes with two new gourmet restaurants.

    by KRISANA GALLEZO
    27 Aug 2014 | 473 views

    Hello SaaS providers: This may be the startup for you to ramp up your revenue

    Hello SaaS providers: This may be the startup for you to ramp up your revenue

    Japan’s OnLab / Digital Garage believed so much on this that it provided $150,000 funding.

    by KRISANA GALLEZO
    17 Jul 2014 | 372 views
     

    HK startup develops an app that organizes photos and videos automatically

    HK startup develops an app that organizes photos and videos automatically

    This technology startup has raised over USD100K.

    by KRISANA GALLEZO
    24 Jul 2014 | 359 views

    From photo to print: Your phone cover just how you want it

    From photo to print: Your phone cover just how you want it

    Will this self-funded startup be the leading online provider of customized products?

    by KRISANA GALLEZO
    1 Aug 2014 | 177 views
     

    Having trouble finding the right gift? Call your BUTLUR

    Having trouble finding the right gift? Call your BUTLUR

    A former internationally ranked junior tennis player founded this company.

    by KRISANA GALLEZO
    11 Sep 2014 | 166 views

    SocialAgent connects independent sales agents with companies

    SocialAgent connects independent sales agents with companies

    It aims to help companies to gain more sales leads and more customers.

    by KRISANA GALLEZO
    14 Aug 2014 | 70 views
     
    close Don't Show Again

    STAY INFORMED! Get our free weekly newsletter