South Korea - Treasury Bills (over 31 days)





South Korea: Treasury Bills (over 31 days)

Mnemonic IRGT.IKOR
Unit % p.a., NSA
Adjustments Not Seasonally Adjusted
Monthly
Data Oct 2019 1.3
Sep 2019 1.23

Series Information

Source The Bank of Korea
Release Market Interest Rates
Frequency Monthly
Start Date 2/29/2000
End Date 10/31/2019

South Korea: Markets

Reference Last Previous Units Frequency
Lending Rate 15 Nov 2019 1.25 1.25 %, NSA Daily
Stock Market Index 14 Nov 2019 2,139 2,122 Index, NSA Daily
Average Long-term Government Bond Oct 2019 1.58 1.42 % p.a., NSA Monthly
Money Market Rate Oct 2019 1.36 1.52 % p.a., NSA Monthly
Treasury Bills (over 31 days) Oct 2019 1.3 1.23 % p.a., NSA Monthly

Release Information

The Bank of Korea (BO), South 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:

  1. Interest rates on aggregate credit ceiling loans (rediscount policy variable rate);
  2. Overnight interbank call rates (weighted average rates by trading volume);
  3. 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);
  4. Commercial Banks & Saving Banks' weighted averages of interest rates on loans & discounts(newly extended);
  5. Yields on Treasury bonds (period average rates, a maturity of three years).

The data for the 10-year rate refers to the par yield rates. “Long term (in most cases 10 year) government bonds are the instrument whose yield is used as the representative ‘interest rate’ for this area. Generally the yield is calculated at the pre-tax level and before deductions for brokerage costs and commissions and is derived from the relationship between the present market value of the bond and that at maturity, taking into account also interest payments paid through to maturity.” (https://stats.oecd.org/index.aspx?queryid=86).

Interest rates are simple annual percentages.