South Korea accelerates its transition from the Certificate of Deposit (CD) rate to the Korea Overnight Financing Repo Rate (KOFR) as the new short-term market benchmark, with regulators pushing for full adoption by 2026 and increased KOFR-based transactions in 2025.
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https://en.infomaxai.com/news/articleView.html?idxno=97227
#YonhapInfomax #KOFR #CertificateOfDeposit #FinancialServicesCommission #InterestRateSwap #BondMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97227
[2026 Bond Hot Issues-④] The Era of CDs Fades, KOFR Takes Center Stage
South Korea accelerates its transition from the Certificate of Deposit (CD) rate to the Korea Overnight Financing Repo Rate (KOFR) as the new short-term market benchmark, with regulators pushing for full adoption by 2026 and increased KOFR-based transactions in 2025.