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View Full Version : South Korea Adopts New Lending Rate Benchmark Amid Rigging Probe - Bloomberg



NewsWhore
08-22-2012, 05:40 AM
South Korea Adopts New Lending Rate Benchmark Amid Rigging Probe (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHvjqFwwt7AM-2xnQTRNbL97P98HQ&url=http://www.bloomberg.com/news/2012-08-22/south-korea-adopts-new-lending-rate-benchmark-amid-rigging-probe.html)
Bloomberg
About 14 percent of banks' local-currency lending was tied to the rate as of March, according to FSC data. The new rate will be useful for short-term ... To contact the reporter on this story: Seonjin Cha in Seoul at scha2@bloomberg.net. To contact the ...

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