South Korea's 1-Year Interest Rate Swap Rises 2.00bp to 3.4325% on August 7

According to Yonhapinfomax, South Korea's 1-year interest rate swap (IRS) rose 2.00 basis points to 3.4325% on August 7 afternoon. Three-year and five-year rates increased by 1.75bp and 2.25bp respectively, as uncertainties surrounding the Hormuz Strait weighed on market sentiment.
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