Hong Kong - Lending Rate

Hong Kong: Lending Rate

Unit % p.a, NSA
Adjustments Not Seasonally Adjusted
Data Feb 2020 5
Jan 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 2/29/2020

Hong Kong: Markets

Reference Last Previous Units Frequency
Stock Market Index 01 Apr 2020 23,085 23,603 Index, NSA Business Daily
Lending Rate Feb 2020 5 5 % p.a, NSA Monthly
Average Long-term Government Bond 31 May 2019 1.83 1.84 % p.a., NSA Daily
Money Market Rate Dec 2018 2.8 1.5 % p.a., NSA Monthly
Treasury Bills (over 31 days) Dec 2018 1.75 1.65 % 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.