Hong Kong Monetary Authority: Composite interest rate was 2.35% at the end of September, down 17 basis points from month to month

Zhitongcaijing · 10/17 09:33

The Zhitong Finance App learned that on October 17, the Hong Kong Monetary Authority (HKMA) announced the comprehensive interest rate for the end of September 2024. According to the data, the comprehensive interest rate reflecting the bank's average capital cost was 2.35% at the end of September 2024, down 17 basis points from 2.52% at the end of August 2024. The decline in comprehensive interest rates mainly reflects a reduction in weighted capital costs for monthly deposit payments.

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