According to CoinMeta, on Tuesday, the offshore RMB interbank offered rate in Hong Kong ( CNH HIBOR ) showed that interest rates for the main tenors continued to fall. In particular, the overnight rate ( HIBOR ) dropped by 3 basis points to 1.34712%, hitting a new low since November 2. Additionally, 40% of the liquidity from the Hong Kong Monetary Authority's ( HKMA ) 30 billion RMB daily repurchase agreements has been utilized. The one-month rate ( HIBOR ) remained flat at 1.40000%, while the two-month rate ( HIBOR ) fell to 1.41758%, reaching a low since September 23. The one-year rate ( HIBOR ) also saw a slight decline to 1.78106%.