Offshore RMB interbank lending rates mostly declined, with the one-year rate hitting a more than six-month low.
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Golden Ten Data reported on March 5th that the offshore RMB Hong Kong Interbank Offered Rate (CNH HIBOR) on Thursday showed that most major term rates declined; among them, the one-year HIBOR slightly dropped to 1.85273%, hitting a new low since August 28, 2025. The overnight HIBOR fell by 11 basis points to 1.26515%, reaching a new low since February 23; the one-week HIBOR dropped by 7 basis points to 1.43606%, touching the lowest level since February 24; the two-week HIBOR fell by 7 basis points to 1.46849%, marking the lowest point since August 1, 2025. Click the link to view historical data>>
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