| Bloomberg This is how home loans offered by banks commonly work in Hong Kong: you pay a floating rate that’s equal to a spread on top of the one-month interbank rate known as Hibor, but that payment is capped by a rate that’s equal to the prime rate minus a spread. |
Source:: Hong Kong News By Google News
Zennie Abraham | Zennie Abraham or “Zennie62” is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.