Asia
Tradition HONIA Rates
The HKD Overnight Index Average (HONIA) is an unsecured overnight lending rate, executed through the panel of five [5] contributing brokers.
The Treasury Markets Association (TMA) has identified the HKD Overnight Index Average (HONIA) as the alternate reference rate to the HK Interbank Offered Rate (HIBOR) but there is no plan to discontinue HIBOR.
Tradition HONIA Sell Sheet
