Hong Kong SAR (China) - Lending Rate

Hong Kong SAR (China): Lending Rate

Unit % p.a, NSA
Adjustments Not Seasonally Adjusted
Data Feb 2023 5.63
Jan 2023 5.63

Series Information

Source Census and Statistics Department Hong Kong Special Administrative Region (HKSARG)
Release Hong Kong Dollar Interest Rates
Frequency Monthly
Start Date 1/31/1980
End Date 2/28/2023

Hong Kong SAR (China): Markets

Reference Last Previous Units Frequency
Stock Market Index 23 Mar 2023 20,049 19,591 Index, NSA Business Daily
Lending Rate Feb 2023 5.63 5.63 % p.a, NSA Monthly
Money Market Rate Jan 2023 1.5 3.23 % p.a., NSA Monthly
Treasury Bills (over 31 days) Jan 2023 2.15 2.78 % 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.