Seoul: South Korean bond yields have shown a decline across various maturities, with significant reductions observed in longer-term bonds.
According to Yonhap News Agency, the 1-year Treasury Bond (TB) yield decreased from 3.016% to 2.960%, a decline of 5.6 basis points. The 2-year TB yield fell by 15.5 basis points, shifting from 3.481% to 3.326%. Similarly, the 3-year TB yield saw an 18.2 basis point decrease, moving from 3.552% to 3.370%. The 10-year TB yield experienced a substantial reduction of 19.0 basis points, dropping from 3.879% to 3.689%.
Additionally, the yields on the 2-year Monetary Stabilization Bond (MSB) and the 3-year Corporate Bond (CB) rated AA- both decreased by 15.5 basis points, with the former falling from 3.467% to 3.312% and the latter from 4.166% to 4.011%. In contrast, the 91-day Certificate of Deposit (CD) yield remained unchanged at 2.820%.