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 | 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.
