Overnight CNH HIBOR Hits 1.44121% on June 16, Highest Since May 8

According to Jin10, overnight CNH HIBOR hit 1.44121% on June 16, the highest level since May 8. One-week CNH HIBOR rose to 1.43788%, marking a new high since May 11. Additionally, the Hong Kong Monetary Authority's 3 billion yuan daily repurchase agreement facility drew over 70% of its available liquidity. One-year CNH HIBOR declined slightly to 1.67879%.
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