South Korea's IRS Rates Fall Broadly on July 15; 1-Year Rate Drops to 3.46%

According to Seoul's bond market data on July 15, interest rate swap (IRS) rates fell across the board. The 1-year IRS rate declined 1.50 basis points to 3.46%, while the 2-year, 3-year, 5-year, and 10-year rates dropped 3.00bp, 2.00bp, 1.25bp to 4.0525%, and 0.75bp to 4.1525%, respectively. A securities dealer noted that foreign investor sell orders dominated the market, though short-term buy orders gradually increased, steepening the curve.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments