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HIBOR surged today, with the 1-week.......>

HONG KONG
HONG KONG: HIBOR surged today, with the 1-week fixing 43bp higher & 1-month
jumping by 5bp as both benchmarks lodged their largest increase since December.
The USDHKD peg is coming under pressure, with the cross within 15 pips of the
top of the band (7.8500).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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