In mid - april , the spreads between us dollar and hong kong dollar interest rates had narrowed at the longer end and had returned to negative at the shorter end 月中，港元远期利率与同期美元利率的息差收窄，但短期利率方面的息差则回落至负数水平。
So far , the effect of this on the overall net interest margin has been mitigated by the fact that ample liquidity has kept funding costs low 到目前为止，由于银行体系资金充裕令资金成本维持在低水平，所以贷款息差收窄对整体净息差的影响得到纾缓。
Similar to the euro , but to even a greater extent , the interest rate differential between the dollar and yen overnight rates is significantly positive ( in us dollar terms ) 与欧元相似，但有着更大的差距就是美元/日元的隔夜正面息差（对美元而言） 。
As the aggregate balance shrank to a negative level on 17 august , the negative spreads between hong kong dollar and us dollar interest rates had substantially narrowed 日减少至负数水平，港元与美元的负息差大为收窄。委员会成员获悉报告期内支持比率由
The industry enjoyed strong growth in operating income on the back of rapid growth in domestic lending , healthy interest margins and a low level of bad debts 本地借贷迅速增长息差保持稳健及坏账水平偏低这几项因素，均助长银行业经营收入录得强劲的增长。
" so far , relatively low funding costs have helped to compensate for the squeeze on lending margins , but it cannot be assumed that this situation will persist . 由于银行的资金成本相对偏低，可暂时抵销贷款息差收窄的影响，但是我们不能假设这种情况会持续下去。
" the narrow spread between the yield of our paper and that of the exchange fund notes clearly demonstrates the high credit standing of the hkmc , " he added 他又指出：我们发行的票据与外汇基金票据之间的息差狭小，清楚显示按揭证券公司的信贷质素获得很高的评价。
