Questions tagged [360 or 365]

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BlockchainLegendary BlockchainLegendary Thu May 23 2024 | 5 answers 1121

Is Hong Kong interest 360 or 365?

Could you please clarify for me: when calculating interest rates in Hong Kong, is the standard basis 360 days or 365 days? This detail seems crucial in accurate financial calculations, and I'm eager to understand the local convention. Would it be possible to provide some insight into this matter? It would greatly assist me in my financial planning and decision-making. Thank you in advance for your clarification.

Is Hong Kong interest 360 or 365?

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