Jump to content

HIBOR

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by General Ization (talk | contribs) at 23:50, 2 March 2016 (Reverted edits by 137.148.216.183 (talk) to last version by 118.141.28.8). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Hong Kong Inter-bank Offered Rate, (or HIBOR, Chinese: 香港銀行同業拆息), is the annualized rate charged for inter-bank lending on Hong Kong Dollar (HKD) denominated instruments, for a specified period ranging from overnight to one year. [citation needed] It is calculated daily at 11:00 a.m. local time based on quotations from 20 banks designated by the Hong Kong Association of Banks (HKAB).

On 24 June 2013, an additional fixing was launched for off-shore Chinese renminbi (CNH), designated as CNH HIBOR.[1][2]

See also

References

  1. ^ "CNH HIBOR fixing". Hong Kong Monetary Authority. 25 April 2013. Retrieved 6 June 2015.
  2. ^ "Launch of CNH HIBOR fixing". Hong Kong Monetary Authority. 20 June 2013. Retrieved 6 June 2015.