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South Korea's 1-Year IRS Surges 5.50bp to 3.4750% on July 22

2026-07-22 09:58:28

According to Yonhapinfomax, on July 22, South Korea's interest rate swap (IRS) rates surged, with 1-year IRS climbing 5.50 basis points to 3.4750% as of 4:30 p.m. Five-year and 10-year IRS rose 4.50bp and 5.75bp, respectively. The sharp increase in short-term rates was attributed to market expectations of continued policy rate hikes ahead of the next day's Q2 economic growth release.

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South Korea's Koribor Rates Shift on July 22: 1-Month at 2.81%, 12-Month at 3.71%

South Korea's 30-Year Government Bond Yields Hit 4.6% on July 22, Record High

South Korea's IRS Rates Fall Across All Tenors on July 21, 1-Year Drops to 3.42%

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