1 Year HIBOR Swap Rate: Current & Historical
The 1 year HIBOR swap rate is the annual fixed rate exchanged for 3-month HIBOR over the next year. Check the current rate, its one-year chart and daily history, with downloads straight to Excel.
HKD · 1Y · HIBOR
52-wk range
2.59% – 3.80%
Last update:
Recent daily closes
| Date | Rate | Daily change |
|---|---|---|
| Live | – | |
| 27 Jul 2026 | 3.80% | +2 bp |
| 24 Jul 2026 | 3.78% | +2 bp |
| 23 Jul 2026 | 3.76% | +8 bp |
| 22 Jul 2026 | 3.68% | +4 bp |
| 21 Jul 2026 | 3.64% | +1 bp |
| 20 Jul 2026 | 3.63% | -1 bp |
| 17 Jul 2026 | 3.64% | -6 bp |
| 16 Jul 2026 | 3.70% | +1 bp |
| 15 Jul 2026 | 3.69% | -11 bp |
| 14 Jul 2026 | 3.80% | +12 bp |
Rates built from interdealer broker and exchange quotes. Read how we build these rates.
This is yesterday's close
See the live 1 year HIBOR swap rate
- Live mids, refreshed every minute
- Full 1 year daily history to Excel
- Every HIBOR tenor, 3 months to 15 years
- Price swaps, caps & get MtM
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Live 1 year HIBOR in Excel & API
If you're on this page more than once a month, you don't need a rate, you need a feed. One function, always-live curves, straight in your model.
// Excel: live 3M HIBOR swap rate in a cell =BlueGamma.SWAP_RATE("3M HIBOR", start_date, maturity_date, "1Y") # API: the same rate, one GET away GET api.bluegamma.io/v1/swap_rate ?index=3M HIBOR&start_date=2D&maturity_date=1Y x-api-key: your_api_key
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FAQs
The 1 year HIBOR swap rate is the annual fixed interest rate that market participants exchange for 3-month HIBOR over the next year. It is set in the interdealer swap market and moves continuously with expectations for US rates and the Hong Kong dollar peg.
The rate shown on this page is the previous Hong Kong business day's close; the live rate is available in the BlueGamma app.
Three common reasons:
- Timing: this page shows the previous Hong Kong business day's mid-market close, while banks quote off the live curve, which moves through the day.
- Spread: the mid-market rate is the raw interbank level. A bank's quote adds a credit and execution charge, and on a loan a lending margin on top.
- Conventions: a quote using a different payment frequency or day count will differ slightly from the annual/annual rate shown here.
If you are comparing a quote against the market, compare it with the live mid rate at the time of the quote.
Lenders fund fixed-rate commercial and real-estate loans by hedging with interest rate swaps of the matching term, so a 1 year fixed quote is priced off the 1 year HIBOR swap rate plus a lending margin.
Borrowers on floating HIBOR loans watch the same rate: it is the market level at which their bank will fix the debt, before the bank's spread.
This page shows the last 12 months of daily closes, the 52-week range and dated lookbacks.
The BlueGamma app carries the full daily history for every HIBOR tenor, alongside 20+ other currencies, with downloads straight to Excel.
BlueGamma takes quotes directly from leading inter-dealer brokers and exchanges, bootstraps them into ready-to-use curves, and validates the output for consistency on a regular basis.
The rates shown on this page are the previous Hong Kong business day’s close. Live rates, refreshed every minute, are available in the BlueGamma app with a free trial.
More on HIBOR
HKD Swap Rates for All Tenors
The full rates table: every liquid HIBOR tenor with one-week, one-month and one-year history.
HONIA Forward Curve
The overnight alternative: where the market prices HONIA going next.
More from BlueGamma
Or browse the full swap rate catalogue, covering all 86 rates across 33 currencies.