Offshore CNY Overnight HIBOR Hits 1.44% on Friday, Highest Since May 8

According to Jin10, offshore Chinese yuan interbank offer rates rose across most tenors on Friday, June 12. Overnight HIBOR climbed 3 basis points to 1.43848%, reaching its highest level since May 8. One-week and two-week HIBOR both advanced to 1.43515%, marking their peak since May 13, while one-year HIBOR edged up to 1.66667%.
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