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What does HIBOR stand for?
What does HIBOR mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: HIBOR.
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| Term | Definition | Rating |
|---|---|---|
| HIBOR | Hong Kong Interbank Offered Rate |
What does HIBOR mean?
- HIBOR
- Hong Kong Inter-bank Offered Rate, (or HIBOR, Chinese: 香港銀行同業拆息), is the annualized rate charged for inter-bank lending on Hong Kong Dollar (HKD) denominated instruments, for a specified period ranging from overnight to one year. It is calculated daily at 11:00 a.m. local time based on quotations from 20 banks designated by the Hong Kong Association of Banks (HKAB). On 24 June 2013, an additional fixing was launched for off-shore Chinese renminbi (CNH), designated as CNH HIBOR.
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"HIBOR." Abbreviations.com. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.abbreviations.com/HIBOR>.
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