Exclusive
WHOLESALE BANKING | Staff Reporter, Hong Kong
view(s)

This graph shows a comparison of 3-month Mainland repo rate, Shibor, and HK interbank rate

See how they affect each other.

Moody's notes that when interbank rates spiked in mainland China in late June, offshore RMB interbank rates and deposit costs also rose in Hong Kong as many borrowers with operations on the mainland and abroad turned to banks in Hong Kong for RMB funds.

"Although China’s capital controls remain in place, liquidity conditions in offshore RMB will likely be influenced by conditions on the mainland in the future."

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.