Offshore CNH Interbank Rates Rise Across All Tenors; Overnight HIBOR Hits 4-Month High at 1.65788%

According to Jin10, offshore RMB Hong Kong interbank offered rates (CNHHIBOR) rose across all major tenors on Tuesday, June 23. Overnight HIBOR climbed 12 basis points to 1.65788%, reaching its highest level since February 27. One-week HIBOR increased 8 basis points to 1.63970%, while two-week HIBOR rose 9 basis points to 1.65909%; one-year HIBOR edged up to 1.70273%, marking its highest since May 26.
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