SEOUL - In the latest financial developments, South Korea observed a notable change in bond yields on April 1, 2024, reflecting shifts in the nation's economic landscape.
According to Yonhap News Agency, there was a decrease across various tenors, with the 1-year treasury bond (TB) yield decreasing by 1.1 basis points to 3.373 percent from the previous session's 3.384 percent. Similarly, the 2-year TB yield dropped by 3.1 basis points to 3.337 percent, and the 3-year TB yield saw a reduction of 3.1 basis points, settling at 3.291 percent.
The longer-term, 10-year TB yield also experienced a decrease, moving down by 3.2 basis points to 3.381 percent. In the monetary stabilization bond (MSB) category, the 2-year MSB yield decreased by 2.0 basis points to 3.347 percent. The 3-year corporate bond (CB) with an AA- rating saw a yield decrease of 3.0 basis points, reaching 3.896 percent. Notably, the report did not include data for the 91-day certificate of deposit (CD), indicating no change from the previous session.