{"id":159851,"date":"2025-08-25T06:00:12","date_gmt":"2025-08-24T23:00:12","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-low-rate-honeymoon-ends-as-dollar-peg-defence-raises-hibor\/"},"modified":"2025-08-25T06:02:59","modified_gmt":"2025-08-24T23:02:59","slug":"hong-kongs-low-rate-honeymoon-ends-as-dollar-peg-defence-raises-hibor","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-low-rate-honeymoon-ends-as-dollar-peg-defence-raises-hibor\/","title":{"rendered":"Hong Kong\u2019s \u2018low-rate honeymoon\u2019 ends as dollar-peg defence raises Hibor"},"content":{"rendered":"


\nA \u201clow-rate honeymoon\u201d for Hong Kong borrowers has come to an end with an increase in the interest rate banks use to set loan prices, a mixed blessing that drives away carry traders but threatens a property market recovery and discourages corporate borrowing, according to analysts.
\nThe Hong Kong Monetary Authority intervened 12 times in the currency market over the past two months, successfully defending the local currency\u2019s peg to the US dollar by buying HK$119.95 billion and selling US$15.28…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s \u2018low-rate honeymoon\u2019 ends as dollar-peg defence raises Hibor<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A \u201clow-rate honeymoon\u201d for Hong Kong borrowers has come to an end with an increase...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-159851","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-FAf","jetpack-related-posts":[{"id":74528,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-what-hong-kongs-interest-rate-increase-means-for-hibor-prime-and-mortgages\/","url_meta":{"origin":159851,"position":0},"title":"Explainer: What Hong Kong\u2019s interest rate increase means for Hibor, prime and mortgages","date":"December 14, 2017","format":false,"excerpt":"\r Hong Kong Monetary Authority (HKMA), the city\u2019s de facto central bank, today raised its base lending rate for the third time this year following a similar move by the US Federal Reserve, increasing it by 25 basis points to 1.75 per cent. What is the base lending rate? It\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56066,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/standard-chartered-raises-mortgage-rate-citing-hkma-rule-changes\/","url_meta":{"origin":159851,"position":1},"title":"Standard Chartered raises mortgage rate, citing HKMA rule changes","date":"May 26, 2017","format":false,"excerpt":"\r Standard Chartered Bank has raised its residential mortgage rate in Hong Kong, and other banks are expected to follow suit. Standard Chartered cited the increased cost of doing business following the Hong Kong Monetary Authority\u2019s latest risk management measures as the reason. The bank will increase the interest rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111024,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-banks-raising-their-hibor-linked-mortgage-rates-take-the-heat-out-of-hong-kongs-property-market-probably-not\/","url_meta":{"origin":159851,"position":2},"title":"Will banks raising their Hibor-linked mortgage rates take the heat out of Hong Kong\u2019s property market? Probably not","date":"September 24, 2019","format":false,"excerpt":"\r Four of Hong Kong\u2019s biggest commercial banks have raised their mortgage rates, following this month\u2019s move by HSBC to tighten Hibor caps and drastically cut cash rebates as lingering economic concerns lead to more prudent risk measures.According to local media reports, HSBC raised its Hibor-linked mortgage cap by 25\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155382,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hibor-plunge-a-bigger-deal-for-stock-market-than-hong-kongs-property-sector\/","url_meta":{"origin":159851,"position":3},"title":"Hibor plunge a bigger deal for stock market than Hong Kong\u2019s property sector","date":"June 9, 2025","format":false,"excerpt":"\r Hong Kong needs all the help it can get. Since 2018, the city has suffered one shock after another, preventing a meaningful recovery from taking hold and fuelling concerns about its position as a global financial centre. As an importer of US monetary policy with an economy that is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129881,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-raises-base-rate-by-75-basis-points-to-14-year-high-as-fed-signals-more-pain-and-pledges-to-keep-at-it-to-contain-inflation\/","url_meta":{"origin":159851,"position":4},"title":"Hong Kong raises base rate by 75 basis points to 14-year high as Fed signals more pain and pledges to \u2018keep at it\u2019 to contain inflation","date":"September 22, 2022","format":false,"excerpt":"\r Hong Kong\u2019s rate increase, conducted in concert with US monetary policy to preserve the city\u2019s currency peg to the US dollar since 1983, came at an inopportune moment for the local economy.\r \r Source : South China Morning Post\r Read more...Hong Kong raises base rate by 75 basis points\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114944,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-hong-kong-homebuyers-expected-to-switch-to-cheaper-hibor-linked-mortgages-after-banks-refuse-to-cut-prime-lending-rates\/","url_meta":{"origin":159851,"position":5},"title":"More Hong Kong homebuyers expected to switch to cheaper Hibor-linked mortgages after banks refuse to cut prime lending rates","date":"March 17, 2020","format":false,"excerpt":"\r More Hong Kong homebuyers are expected to shift to cheaper mortgages linked with the Hong Kong one-month interbank offered interest rate (Hibor) after all of the city\u2019s major commercial banks said they would not cut their prime lending rates any further, according to analysts.The city has two major types\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159851"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=159851"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159851\/revisions"}],"predecessor-version":[{"id":159852,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159851\/revisions\/159852"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=159851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=159851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=159851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}