The Hong Kong Monetary Authority (HKMA) announced today (Monday) the composite interest rate at the end of September 2015.1
The composite interest rate, which is a measure of the average cost of funds of banks, was 0.26% at the end of September 2015, same as its level at the end of August 2015 (see Chart 1 in the Annex). Both the weighted funding cost for deposits and interbank funds remained steady during the month (see Chart 2 in the Annex).
The historical data of the composite interest rate from the end of the fourth quarter of 2003 to the end of September 2015 are available in the Monthly Statistical Bulletin on the HKMA website (www.hkma.gov.hk). The next data release is scheduled for 19 November 2015 and will provide the composite interest rate at the end of October 2015.
Hong Kong Monetary Authority
19 October 2015