Hong Kong Base Rate
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With Cbonds Watchlist you can always stay updated on your investments to make conscious decisions!
With Cbonds Watchlist you can always stay updated on your investments to make conscious decisions!
Everything you need for fixed income research and monitoring.
The Base Rate is the interest rate forming the foundation upon which the Discount Rates for repurchase transactions through the Discount Window are computed. The Base Rate is currently set at either 50 basis points above the lower end of the prevailing target range for the US federal funds rate or the average of the five-day moving averages of the overnight and one-month Hong Kong Interbank Offered Rates (HIBORs), whichever is higher. The HKMA announces the Base Rate every day.
Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(9383, date)
Cbonds add-in