Seoul: South Korean bond yields recorded slight changes in the morning trading session of October 17, 2024. The movement in yields spanned across various maturities from short-term Treasury Bills (TBs) to mid-term Monetary Stabilization Bonds (MSBs) and Corporate Bonds (CBs).
According to Yonhap News Agency, the yield on the 1-year Treasury Bill increased slightly by 0.5 basis points, settling at 2.847 percent compared to the previous session’s 2.842 percent. In contrast, the 2-year Treasury Bill yield saw a minimal decrease of 0.1 basis points, moving to 2.906 percent from 2.907 percent.
The 3-year Treasury Bill yield also rose by 0.6 basis points to 2.886 percent from 2.880 percent, while the 10-year Treasury Bill yield increased by 0.4 basis points to 3.012 percent from 3.008 percent. Additionally, the 2-year Monetary Stabilization Bond experienced a more notable increase of 1.0 basis points, bringing its yield to 2.892 percent from the previous 2.882 percent.
Furthermore, the 3-year Corporate Bond rate
d AA- witnessed a slight rise in yield of 0.3 basis points, ending at 3.455 percent compared to 3.452 percent in the previous session.
These shifts in bond yields reflect ongoing adjustments in the financial markets, providing insights into investor sentiments and expectations regarding future economic conditions in South Korea.