Seoul - South Korean bond yields have shown notable changes in the latest trading session, reflecting movements in the bond market on May 7, 2024. Key treasury and corporate bond rates have experienced adjustments from the previous session.
According to Yonhap News Agency, the 1-year treasury bill rate decreased by 1.9 basis points to 3.441%. Similarly, the 2-year rate dropped by 3.4 basis points to 3.473%, and the 3-year rate decreased by 5.2 basis points to 3.448%. The 10-year treasury bill rate saw a significant reduction of 7.8 basis points, settling at 3.536%.
In corporate bonds, the 2-year municipal security bond fell by 4.0 basis points to 3.463%, while the 3-year credit bond rated AA- decreased by 4.6 basis points to 3.912%. However, the 91-day certificate of deposit rate remained unchanged at 3.580%.