Hong Kong SAR (China) - Lending Rate





Hong Kong SAR (China): Lending Rate

Mnemonic IRLEND.IHKG
Unit % p.a, NSA
Adjustments Not Seasonally Adjusted
Monthly
Data Aug 2021 5
Jul 2021 5

Series Information

Source Census and Statistics Department Hong Kong Special Administrative Region (HKSARG)
Release Time and Savings Deposit Rates
Frequency Monthly
Start Date 1/31/1980
End Date 8/31/2021

Hong Kong SAR (China): Markets

Reference Last Previous Units Frequency
Stock Market Index 16 Sep 2021 24,667 25,033 Index, NSA Business Daily
Lending Rate Aug 2021 5 5 % p.a, NSA Monthly
Money Market Rate Jul 2021 0.05 0.05 % p.a., NSA Monthly
Treasury Bills (over 31 days) Jul 2021 0 0.01 % p.a., NSA Monthly

Release Information

Savings and time deposit rates are the simple average of interest rates quoted by ten major licensed banks for HK dollar deposits of less than 100,000. The monthly average time deposit rates for maturities of 1-week, 1-month, 3-month, 6-month and 12-month, and savings deposit rate are disseminated.

Both the savings and time deposit rates are interest rates offered by banks for their customer deposits.

Compilation practices: The interest rates are quoted as percent per annum. Arithmetic mean is generally adopted as the method of calculating average interest rates.

Data is revised when new data becomes available.