South Korean Bond Yields Experience Minor Fluctuations on October 21, 2024

Seoul: South Korean bond yields saw minor adjustments in their latest trading session, with some slight decreases observed across various maturities on October 21, 2024. According to Yonhap News Agency, the yields for 1-year Treasury bonds remained unchanged at 2.862%, maintaining their position from the previous session. Meanwhile, the 2-year Treasury bonds witnessed a slight decline of 1 basis point, settling at 2.920% compared to 2.930% in the previous session. Similarly, 3-year Treasury bonds decreased by 0.6 basis points to 2.902%. Longer-term bonds, such as the 10-year Treasury bonds, saw a more notable decrease of 1.8 basis points, bringing the yield down to 3.054% from 3.072%. In contrast, yields for the 91-day certificates of deposit remained steady at 3.390%, showing no change from the previous session. Among other bond types, the 2-year Monetary Stabilization Bonds (MSB) decreased by 1.3 basis points to 2.902%, and the 3-year Corporate Bonds rated AA- also dropped slightly by 0.9 basis points to 3.471%. These minor adjustments in bond yields reflect subtle shifts in the South Korean bond market, suggesting a stable yet responsive bond trading environment.