Overnight CNH HIBOR Rises 8bp to 1.42311%, Highest Since July 22; HKMA Repo Facility Over 50% Utilized

Overnight CNH HIBOR rose 8 basis points to 1.42311% on Tuesday, marking the highest level since July 22, according to offshore Yuan interbank offered rate data. One-week Hibor edged up to 1.42303%, while two-week Hibor climbed to 1.43606%; one-year Hibor declined slightly to 1.70273%. Meanwhile, Hong Kong Monetary Authority's 30 billion yuan daily repurchase agreement facility has been drawn by over half.
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