Hong Kong - Lending Rate
Hong Kong: Lending Rate
| Mnemonic | IRLEND.IHKG | |
|---|---|---|
| Unit | % p.a, NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Monthly | ||
| Data | Aug 2020 | 5 |
| Jul 2020 | 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 | 8/31/2020 |
Hong Kong: Markets
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Stock Market Index | 20 Oct 2020 | 24,569 | 24,542 | Index, NSA | Business Daily |
| Lending Rate | Aug 2020 | 5 | 5 | % p.a, NSA | Monthly |
| Money Market Rate | Aug 2020 | 0.28 | 0.06 | % p.a., NSA | Monthly |
| Treasury Bills (over 31 days) | Aug 2020 | 0.06 | 0.06 | % p.a., NSA | Monthly |
| Average Long-term Government Bond | 31 May 2019 | 1.83 | 1.84 | % p.a., NSA | Daily |
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.
