- Security Type:Rate
HKMA Hong Kong Base Rate
Add to PortfolioHKBASE:IND
0.50000 0.000000.00%As of 20:07:00 ET on 05/28/2012.
Snapshot for HKMA Hong Kong Base Rate (HKBASE)
| Open: | 0.50000 | High: | 0.50000 | Low: | 0.50000 |
|---|
Rate Profile Information for HKBASE
The base rate is determined by the Hong Kong Monetary Authority (HKMA) by taking the simple average of the 5-day moving average of overnight and 1-month Hong Kong interbank interest rate (HIBOR), subject to a floor rate US Federal Funds Target Rate + 50 basis points. The base rate forms the foundation upon which different discount rates for repo transactions through the discount window in which licensed banks in Hong Kong can borrow from the HKMA through repo using eligible securities as collateral.
Quotes delayed, except where indicated otherwise. All prices in local currency. Time is ET.
Sponsored Links
Top Forex Trading Resources
Rate this Page