{"id":42355,"date":"2026-03-25T21:37:17","date_gmt":"2026-03-25T21:37:17","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/uob%ec%9d%98-%eb%a6%ac-%ec%88%98%ec%95%a4-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%9c%84%ed%97%98-%ec%a7%80%ec%86%8d-%ec%86%8d-%ec%98%81%eb%9e%80%ec%9d%80%ed%96%89-%ea%b8%b0\/"},"modified":"2026-03-25T21:37:17","modified_gmt":"2026-03-25T21:37:17","slug":"uob%ec%9d%98-%eb%a6%ac-%ec%88%98%ec%95%a4-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%9c%84%ed%97%98-%ec%a7%80%ec%86%8d-%ec%86%8d-%ec%98%81%eb%9e%80%ec%9d%80%ed%96%89-%ea%b8%b0","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/uob%ec%9d%98-%eb%a6%ac-%ec%88%98%ec%95%a4-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%9c%84%ed%97%98-%ec%a7%80%ec%86%8d-%ec%86%8d-%ec%98%81%eb%9e%80%ec%9d%80%ed%96%89-%ea%b8%b0\/","title":{"rendered":"UOB\uc758 \ub9ac \uc218\uc564 \u201c\uc778\ud50c\ub808\uc774\uc158 \uc704\ud5d8 \uc9c0\uc18d \uc18d \uc601\ub780\uc740\ud589, \uae30\uc900\uae08\ub9ac 3.75% \ub3d9\uacb0 \ub9cc\uc7a5\uc77c\uce58\u2026\ud30c\uc6b4\ub4dc\ud654 \uc9c0\uc9c0\u201d"},"content":{"rendered":"\uc601\ub780\uc740\ud589(BoE)\uc740 \uae30\uc900\uae08\ub9ac\uc778 **Bank Rate(\uc601\uad6d \uc911\uc559\uc740\ud589 \uae30\uc900\uae08\ub9ac)**\ub97c **3.75%\ub85c \ub3d9\uacb0**\ud588\uc73c\uba70, \ud45c\uacb0\uc740 **9\ub300 0\uc73c\ub85c \ub9cc\uc7a5\uc77c\uce58**\uc600\ub2e4. UOB\ub294 \uc774\uc81c **GBP Repo Rate(\uc601\uad6d \ud30c\uc6b4\ub4dc\ud654 \ub2e8\uae30 \ud658\ub9e4\uc870\uac74\ubd80 \uae08\ub9ac, \uc911\uc559\uc740\ud589\uc758 \ub2e8\uae30 \uc720\ub3d9\uc131 \uacf5\uae09\u00b7\ud761\uc218\uc5d0 \uc4f0\uc774\ub294 \uae30\uc900 \uae08\ub9ac \uc131\uaca9)**\uac00 **2026\ub144 4\ubd84\uae30\uae4c\uc9c0 3.75%\ub97c \uc720\uc9c0**\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ud558\uba70, \uae30\uc874\uc758 **2026\ub144 3\ucc28\ub840 \uc778\ud558 \uc804\ub9dd\uc744 \ucca0\ud68c**\ud588\ub2e4.\n\nBoE\uc758 \uae30\uc870\ub294 **\uc644\ud654(\uae08\ub9ac \uc778\ud558) \uc900\ube44**\uc5d0\uc11c **\uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00\uc0c1\uc2b9) \uc704\ud5d8\uc744 \ub354 \uc5c4\uaca9\ud788 \uac10\uc2dc**\ud558\ub294 \ubc29\ud5a5\uc73c\ub85c \ubc14\ub00c\uc5c8\ub2e4. \ubb3c\uac00 \uc555\ub825\uc774 \uc9c0\uc18d\ub420 \uacbd\uc6b0 **\uae08\ub9ac \uc778\uc0c1**\ub3c4 \uac80\ud1a0\ud560 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud588\ub2e4.\n\nBoE\ub294 **\ud1b5\ud654\uc815\ucc45 \uc694\uc57d(Monetary Policy Summary)**\uacfc **\uc758\uc0ac\ub85d(Minutes)**\uc5d0\uc11c, **\uc911\uae30\uc801\uc73c\ub85c \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(CPI, \uac00\uacc4\uac00 \uad6c\ub9e4\ud558\ub294 \ub300\ud45c \ud488\ubaa9 \uac00\uaca9 \ubcc0\ud654\ub97c \ubaa8\uc544 \ub9cc\ub4e0 \ubb3c\uac00 \uc9c0\ud45c)** \uc778\ud50c\ub808\uc774\uc158\uc774 **2% \ubaa9\ud45c** \uacbd\ub85c\ub97c \ubc97\uc5b4\ub098\uc9c0 \uc54a\ub3c4\ub85d **\ud544\uc694 \uc2dc \uc870\uce58\ud560 \uc900\ube44\uac00 \ub3fc \uc788\ub2e4**\uace0 \ubc1d\ud614\ub2e4. \ub610\ud55c \ubd84\uc7c1 \uc774\uc804\uc5d0\ub3c4 **\ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9\ub960\uc774 \ub454\ud654\ub418\ub294 \ud604\uc0c1)**\uc774 \uc774\uc5b4\uc9c0\uace0 \uc788\uc5c8\uc9c0\ub9cc, \uc0c8\ub85c\uc6b4 \ucda9\uaca9\uc73c\ub85c \ub2e8\uae30\uc801\uc73c\ub85c \ubb3c\uac00\uac00 \ub354 \ub192\uc544\uc9c8 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4\uace0 \ud588\ub2e4.\n\nBoE\ub294 \uc5d0\ub108\uc9c0 \uac00\uaca9\uc774 \ub192\uc740 \uc218\uc900\uc744 \uc624\ub798 \uc720\uc9c0\ud560\uc218\ub85d **2\ucc28 \ud30c\uae09\ud6a8\uacfc(second-round effects, \uc5d0\ub108\uc9c0 \uac00\uaca9 \uc0c1\uc2b9\uc774 \uc784\uae08 \uc778\uc0c1\uacfc \uae30\uc5c5\uc758 \uac00\uaca9 \uc7ac\uc870\uc815\uc73c\ub85c \ubc88\uc838 \ubb3c\uac00\ub97c \ub2e4\uc2dc \ub04c\uc5b4\uc62c\ub9ac\ub294 \ud604\uc0c1)**\uac00 \ub098\ud0c0\ub0a0 \uac00\ub2a5\uc131\uc774 \ucee4\uc9c4\ub2e4\uace0 \uacbd\uace0\ud588\ub2e4. \uc758\uc0ac\ub85d\uc740 \ucda9\uaca9\uc774 \ub354 \ud06c\uac70\ub098 \ub354 \uc624\ub798 \uc9c0\uc18d\ub418\uba74 **\uae34\ucd95\uc801 \uc815\ucc45 \uae30\uc870(\ub354 \ub192\uc740 \uae08\ub9ac, \ub354 \uac15\ud55c \ud1b5\ud654\uae34\ucd95)**\uac00 \ud544\uc694\ud560 \uc218 \uc788\uc9c0\ub9cc, \ucda9\uaca9\uc774 \ub2e8\uae30\uc5d0 \uadf8\uce58\uac70\ub098 \uacbd\uae30 \uc5ec\uc720(\uc218\uc694 \ub454\ud654\u00b7\uc720\ud734\uc790\uc6d0)\uac00 \ucee4\uc9c0\uba74 **\ub35c \uae34\ucd95\uc801**\uc77c \uc218 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.\n\nBoE\uac00 \uae08\ub9ac\ub97c 3.75%\ub85c \uc720\uc9c0\ud558\uba74\uc11c \uc778\uc0c1 \uac00\ub2a5\uc131\uae4c\uc9c0 \uc5b8\uae09\ud55c \uac83\uc740 \uae30\uc874 \uc608\uc0c1\uacfc \ub2e4\ub978 \ud070 \ubcc0\ud654\ub2e4. \uc2dc\uc7a5\uc740 2026\ub144\uc5d0 \ucd5c\uc18c \ub450 \ucc28\ub840 \uc778\ud558\ub97c \ubc18\uc601\ud574 \uc654\uc9c0\ub9cc, \uc774\ub7f0 \uc804\ub9dd\uc740 \uc0ac\uc2e4\uc0c1 \uc0ac\ub77c\uc84c\ub2e4. 2\uc6d4 CPI\uac00 **2.8%\ub85c \ub192\uc740 \uc218\uc900\uc5d0\uc11c \uc798 \ub0b4\ub824\uc624\uc9c0 \uc54a\ub294 \ubaa8\uc2b5(sticky, \ubb3c\uac00\uac00 \uc27d\uac8c \ub454\ud654\ub418\uc9c0 \uc54a\ub294 \uc0c1\ud0dc)**\uc744 \ubcf4\uc774\uba74\uc11c \uc911\uc559\uc740\ud589\uc758 \ubd80\ub2f4\ub3c4 \uc774\uc5b4\uc9c0\uace0 \uc788\ub2e4.\n\n\uc774\ubc88 \ub9e4\ud30c\uc801(\uae34\ucd95 \uc120\ud638) \uc2e0\ud638\ub294 \ucd5c\uadfc \uc678\ubd80 \ucda9\uaca9, \ud2b9\ud788 **\ud638\ub974\ubb34\uc988 \ud574\ud611 \uae34\uc7a5 \uc7ac\uc810\ud654**\ub85c \uc778\ud55c \uae00\ub85c\ubc8c \uc5d0\ub108\uc9c0 \uac00\uaca9 \uae09\ub4f1\uc5d0 \ub300\ud55c \ubc18\uc751\uc774\ub2e4. **\ube0c\ub80c\ud2b8\uc720(\ubd81\ud574\uc0b0 \uc6d0\uc720\ub85c \uad6d\uc81c \uc720\uac00 \ubca4\uce58\ub9c8\ud06c)**\ub294 \ucd5c\uadfc \ud55c \ub2ec\uac04 15% \uc774\uc0c1 \uc62c\ub77c \ubc30\ub7f4\ub2f9 90\ub2ec\ub7ec\ub97c \uc6c3\ub3cc\uace0 \uc788\uc73c\uba70, \uc774\ub294 **\uc218\uc785\ubb3c\uac00 \uc0c1\uc2b9(\ud574\uc678\uc5d0\uc11c \ub4e4\uc5ec\uc624\ub294 \uc0c1\ud488 \uac00\uaca9 \uc0c1\uc2b9\uc774 \uad6d\ub0b4 \ubb3c\uac00\ub97c \uc790\uadf9\ud558\ub294 \ud604\uc0c1)** \uc6b0\ub824\ub97c \ud0a4\uc6b4\ub2e4. BoE\ub294 2025\ub144 4\ubd84\uae30 \uc131\uc7a5\ub960\uc774 0.1%\uc5d0 \uadf8\uce5c \uacbd\uc81c \uc9c0\uc6d0\ubcf4\ub2e4 \ubb3c\uac00 \ub300\uc751\uc744 \uc6b0\uc120\ud558\uaca0\ub2e4\ub294 \uc2e0\ud638\ub97c \ubd84\uba85\ud788 \ud588\ub2e4.\n\n**\ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc744 \ubc14\ud0d5\uc73c\ub85c \uac00\uce58\uac00 \uc815\ud574\uc9c0\ub294 \uae08\uc735\uc0c1\ud488)** \ud22c\uc790\uc790 \uc785\uc7a5\uc5d0\uc11c\ub294 \ub2e8\u00b7\uc911\uae30 \uae08\ub9ac \ud558\ub77d\uc5d0 \ubca0\ud305\ud55c \ud3ec\uc9c0\uc158\uc744 \ube60\ub974\uac8c \uc815\ub9ac\ud560 \uac00\ub2a5\uc131\uc774 \ucee4\uc84c\ub2e4. **\ub2e8\uae30 \uc2a4\ud138\ub9c1 \uc120\ubb3c(short-sterling futures, \uc601\uad6d \ub2e8\uae30\uae08\ub9ac\ub97c \ubc18\uc601\ud558\ub294 \uae08\ub9ac \uc120\ubb3c)**\uc774 \ud06c\uac8c \ub9e4\ub3c4\ub418\uace0 \uc788\uc73c\uba70, **\uc601\uad6d 2\ub144\ubb3c \uae38\ud2b8(gilt, \uc601\uad6d \uad6d\ucc44)** \uc218\uc775\ub960\ub3c4 \ud604\uc2e4\uc744 \ubc18\uc601\ud574 \uc774\ubbf8 **25bp(bp=0.01%\ud3ec\uc778\ud2b8, \uae08\ub9ac \ubcc0\ub3d9 \ub2e8\uc704)** \uc0c1\uc2b9\ud588\ub2e4. **\uc624\ubc84\ub098\uc774\ud2b8 \uc778\ub371\uc2a4 \uc2a4\uc651(OIS, \ud558\ub8e8\uc9dc\ub9ac \uae30\uc900\uae08\ub9ac \uc5f0\ub3d9 \uc2a4\uc651\uc73c\ub85c \uc815\ucc45\uae08\ub9ac \uae30\ub300\ub97c \ubc18\uc601)** \uc2dc\uc7a5\uc740 2027\ub144 \uc804\uae4c\uc9c0 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc774 \uc0ac\uc2e4\uc0c1 \uc5c6\ub2e4\ub294 \ucabd\uc73c\ub85c \uae30\uc6b8\uace0 \uc788\ub2e4.\n\n\uc774 \uac19\uc740 \uc815\ucc45 \uae30\uc870\ub294 \uc7a0\uc7ac \uc218\uc775\ub960\uc744 \ub192\uc5ec \ud574\uc678 \uc790\uae08\uc744 \ub04c\uc5b4\ub4e4\uc774\ub294 \ub9cc\ud07c \ud30c\uc6b4\ub4dc\ud654\uc5d0 \uad6c\uc870\uc801\uc73c\ub85c \uc720\ub9ac\ud558\ub2e4. **\uc635\uc158(\ubbf8\ub9ac \uc815\ud55c \uac00\uaca9\uc73c\ub85c \uc0b4 \uad8c\ub9ac\u00b7\ud314 \uad8c\ub9ac)** \uc804\ub7b5\uc740 \uc774\uc81c \uc720\ub85c\ud654\ub098 \uc2a4\uc704\uc2a4\ud504\ub791\ucc98\ub7fc \uc911\uc559\uc740\ud589\uc774 \ub354 \uc644\ud654\uc801\uc77c \uac00\ub2a5\uc131\uc774 \ud070 \ud1b5\ud654 \ub300\ube44 **\ud30c\uc6b4\ub4dc \uac15\uc138**\uc5d0 \ubb34\uac8c\ub97c \ub458 \uc218 \uc788\ub2e4. **\ub0b4\uc7ac\ubcc0\ub3d9\uc131(implied volatility, \uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \uc2dc\uc7a5\uc758 \ud5a5\ud6c4 \ubcc0\ub3d9 \uc608\uc0c1\uce58)**\uc740 GBP\/USD\uc5d0\uc11c 3\uac1c\uc6d4 \ucd5c\uace0\uce58\ub85c \uc62c\ub77c, \uc2dc\uc7a5\uc774 \ub354 \ud070 \uac00\uaca9 \ubcc0\ub3d9\uc5d0 \ub300\ube44\ud558\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc900\ub2e4.\n

\n\n

\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 – VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 \uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694 <\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"

BoE, \uae08\ub9ac 3.75% \ub3d9\uacb0(9-0)\uc5d0\ub3c4 \u201c\uc778\uc0c1\ub3c4\u201d \uc2dc\uc0ac\u2026UOB\ub294 2026\ub144 \ub9d0\uae4c\uc9c0 \ub3d9\uacb0 \uc804\ub9dd\ud558\uba70 \uc778\ud558 \ucca0\ud68c. \ud638\ub974\ubb34\uc988\ubc1c \uc720\uac00\u00b7\ub048\uc801\ud55c CPI\uc5d0 \uae38\ud2b8\uae08\ub9ac\u2191, \ud30c\uc6b4\ub4dc \uac15\uc138 \ubca0\ud305 \ud655\ub300.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-42355","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/42355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=42355"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/42355\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=42355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=42355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=42355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}