HKD Prime definition
HKD Prime means the prime lending rate for Hong Kong dollars as may be offered by the Hong Kong and Shanghai Banking Corporation Limited from time to time.
Examples of HKD Prime in a sentence
The interest rate shall be at a percentage above the Company’s cost of funds (according to the Bank of China’s HKD Prime Rate), which will vary according to the prevailing money market situation and as notified to the Client by the Company from time to time.