The offshore RMB Hong Kong interbank interest rate showed on Monday that most major term interest rates declined; among them, the one-year HIBOR fell slightly to 1.71485%, a new low since June 23. Overnight HIBOR rose 1 basis point to 1.43939%, HIBOR remained flat at 1.45000% in one cycle, and HIBOR fell to 1.46485% in two cycles.

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