hong kong interbank offer rate (hibor) meaning in Chinese

香港银行同业拆息

Banks are charged the base rate with respect to the first 50 per cent of their holding of exchange fund bills and notes , but , for the next 50 per cent , base rate plus 5 per cent , or the overnight hong kong interbank offer rate ( hibor ) of the day , whichever is the higher
银行在贴现窗借款不超过本身所持外汇基金票据及债券总数的百分之五十，将须按基本利率支付利息；至于利用馀下的外汇基金票据及债券借款，则须按基本利率加5厘，或当日的港元隔夜银行同业拆息(两者以较高者为准)支付利息。