South Korea - Money Market Rate
South Korea: Money Market Rate
| Mnemonic | IRMM.IKOR | |
|---|---|---|
| Unit | % p.a., NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Monthly | ||
| Data | May 2019 | 1.75 |
| Apr 2019 | 1.75 | |
Series Information
| Source | The Bank of Korea |
| Release | Market Interest Rates |
| Frequency | Monthly |
| Start Date | 1/31/1991 |
| End Date | 5/31/2019 |
South Korea: Markets
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Lending Rate | 17 Jul 2019 | 1.75 | 1.75 | %, NSA | Daily |
| Stock Market Index | 15 Jul 2019 | 2,082 | Index, NSA | Daily | |
| Average Long-term Government Bond | May 2019 | 1.83 | 1.89 | % p.a., NSA | Monthly |
| Money Market Rate | May 2019 | 1.75 | 1.75 | % p.a., NSA | Monthly |
| Treasury Bills (over 31 days) | May 2019 | 1.71 | 1.75 | % p.a., NSA | Monthly |
Release Information
The Bank of Korea (BO), Korea's central bank, publishes several key interest rate indicators to track the "price of money"; price paid when money is borrowed or lent.
Interest rates are disseminated daily and Monthly and the following rates are available:
- Interest rates on aggregate credit ceiling loans (rediscount policy variable rate);
- Overnight interbank call rates (weighted average rates by trading volume);
- Commercial Banks & Saving Banks' weighted averages of interest rates on time & saving deposits (newly extended, with a maturity of one year and more but less than two years);
- Commercial Banks & Saving Banks' weighted averages of interest rates on loans & discounts(newly extended);
- Yields on Treasury bonds (period average rates, a maturity of three years).
Interest rates are not revised.
Interest rates are simple annual percentages.
