S. Korean Bond Yields Experience Decline Across Multiple Tenors.

Seoul: South Korean bond yields showed a decline across several tenors on November 21, 2024. The 1-year Treasury Bond yield decreased from 2.886% to 2.872%, marking a change of -1.4 basis points. Similarly, the 2-year Treasury Bond yield fell by 4.1 basis points from 2.933% to 2.892%, and the 3-year Treasury Bond yield dropped by 4.4 basis points from 2.873% to 2.829%. According to Yonhap News Agency, the 10-year Treasury Bond yield also saw a reduction, moving from 3.017% to 2.978%, a change of -3.9 basis points. Meanwhile, the 2-year Monetary Stabilization Bond yield decreased by 3.8 basis points, settling at 2.892% from its previous session rate of 2.930%. The 3-year Corporate Bond (rated AA-) yield also experienced a decline, moving from 3.438% to 3.396%, a decrease of 4.2 basis points. The 91-day Certificate of Deposit rate remained unchanged at 3.440%, indicating stability in the short-term deposit market. These changes in bond yields reflect market reactions and adjustments within the South Korean f inancial sector.