SOUTH KOREA: SK STIR - ST Rates on the Move Again
* O/N have stabilized after a moderate move higher late last week. * 3M CD rates premium to the base rate have stablized at +21bps (from +16bps at the end of last week) * 3M forwards have trended back towards base rate, having falling back in what looked more of a technical move late last week. * In the period post the