CNH HIBOR Overnight Rate Falls 4bp to 1.33576% on May 14, One-Week and Two-Week Rates Hit Lowest Since May 6

GateNews
ON-7.65%
MAY-6.28%
4-9.64%

According to Jin10 Data, on May 14, offshore Chinese yuan Hong Kong interbank offered rates (CNH HIBOR) mostly held steady. Overnight HIBOR declined 4 basis points to 1.33576%; one-week and two-week HIBOR both fell to 1.43333%, marking their lowest levels since May 6. One-year HIBOR rose slightly to 1.70273%, reaching a near-weekly high.

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