Historical Base Rates of the Bank of Korea
The Bank of Korea used the call rate as its base rate(policy interest rate) until February 2008. Since then, it has adopted the 7-day RP rate as its base rate.
Click each Rate to see the official announcement.
Historical BOK Base rate
- DateCentral BankPolicy rate
- 2024-08-22Bank of KoreaBOK3.50%
- 2024-10-11Bank of KoreaBOK3.25%
- 2024-11-28Bank of KoreaBOK3.00%
- 2025-01-16Bank of KoreaBOK3.00%
- 2025-02-25Bank of KoreaBOK2.75%
- 2025-04-17Bank of KoreaBOK2.75%
- 2025-05-29Bank of KoreaBOK2.50%
- 2025-07-10Bank of KoreaBOK2.50%
- 2025-08-28Bank of KoreaBOK2.50%
- 2025-10-23Bank of KoreaBOK2.50%
- 2025-11-27Bank of KoreaBOK[TBD]