Overnight CNH HIBOR Falls 12 Basis Points to Three-Week Low on June 29

According to Jin10, offshore Chinese yuan Hong Kong Bank Interbank Offered Rate (CNH HIBOR) showed a broad decline on Monday, June 29. The overnight rate dropped 12 basis points to 1.40682%, marking the lowest level since June 8. One-week HIBOR fell to 1.67212%, two-week HIBOR declined to 1.66849%, and one-year HIBOR edged down to 1.75000%.
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