The three-year facility carries an interest rate of HIBOR + 2.05%. Chun Wo Concludes HK$1 Billion Syndicated Loan Facility Agreement According to the report, over twenty designated banks were involved in the setting up of the benchmark currency rate the Hong Kong Interbank offer rate (Hibor)....
All rate quotes are "value today" This refers to the Hong Kong Interbank Offered Rate for the interest period of one month for Hong Kong Dollars quoted by Hang Seng Bank Limited at or about 11:00a.m. (Hong Kong time) on such date. This HIBOR quoted by Hang Seng Bank Limited is not...