Interest rate swaps edge lower, 1year 3.4075% · CD 2.91%
Interest rate swap rates 7month 10day fell slightly across all maturities. 1The year IRS stood at 4 p.m.30 minutes, at 3.4075%, down 2.25bp from the previous day; in the short-term funding market, the CD rate is holding at a relatively high level of 2.91%.
Interest rate swap rates 7month 10day fell slightly overall. As an indicator of short-term interest-rate trends, they are closely watched by market participants.
At 4 p.m.30 minutes, 1year interest rate swaps were 2.25bp lower than the previous day at 3.4075%. This figure is based on the market close.
3year interest rate swaps fell 0.75bp, while the 5year rate fell 1.00bp. Each move was slight.
10The year interest-rate swap also1.00fell by bp. A slight decline was also seen in the long-term segment.
According to market participants, CD (certificate of deposit) rates are2.91% and are perceived to be at a high level. This perception was cited as the background to increased swap offers in the short-term segment.
A bond dealer said that short-term bonds had strengthened as funds had recently flowed into money market funds. The dealer viewed short-term money flows as affecting price formation in the short-term market.
The announcements and comments released that day summarize results compiled after the afternoon market close. Market volatility may vary by trading period.
Sources: 연합인포맥스
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