SEOUL: South Korean bond yields showed a slight decline across several maturities on October 23, 2024, with minimal changes observed in the short-term and medium-term treasury bonds. The yields on the 1-year treasury bonds remained unchanged, while other key bonds saw minor decreases.
According to Yonhap News Agency, the 1-year treasury bonds held steady at 2.879%, showing no change from the previous session. The 2-year treasury bonds experienced a small decrease of 0.3 basis points, settling at 2.942%. Similarly, the 3-year treasury bonds fell by 0.7 basis points to 2.936%. The yield on the 10-year treasury bonds also decreased slightly by 0.2 basis points, ending at 3.128%.
The 2-year monetary stabilization bond (MSB) saw a decline of 0.2 basis points, closing at 2.923%. Additionally, the 3-year corporate bond (rated AA-) fell by 0.4 basis points, with its yield at 3.508%. Meanwhile, the 91-day certificate of deposit (CD) rate remained unchanged at 3.400%.