Offshore CNH HIBOR Mostly Falls on June 30, Overnight Rate Hits 3-Week Low at 1.38%

According to Jin10 Data, offshore Hong Kong Interbank Offered Rate (CNH HIBOR) on June 30 showed most rates adjusting downward. The overnight HIBOR fell 2 basis points to 1.38364%, marking the lowest level since June 8. One-week HIBOR dropped 7 basis points to 1.59742%, and two-week HIBOR declined 5 basis points to 1.61636%, both touching lows since June 22. One-year HIBOR edged up to 1.75364%.
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