Offshore RMB interbank offered rates mostly rose, with overnight and one-week tenors hitting a one-week high

Golden Ten Data reported on June 2 that a key indicator measuring offshore RMB liquidity—the offshore RMB Hong Kong Interbank Offered Rate (Hibor) on Tuesday showed most main term rates trending upward. The overnight Hibor rose by 30 basis points to 1.35258%, and the one-week Hibor increased by 17 basis points to 1.37030%, both reaching the highest levels since May 26. The two-week Hibor climbed by 12 basis points to 1.37303%, while the one-year Hibor slightly decreased to 1.65000%. Click the link to view historical data>>