South Korean Bond Yields Decline Across Most Tenors

Seoul: South Korean bond yields experienced a decline across most tenors, with the exception of the 91-day Certificate of Deposit, which remained stable. The decrease was observed in various Treasury Bonds, Monetary Stabilization Bonds, and Corporate Bonds, reflecting a general trend in the country's bond market. According to Yonhap News Agency, the yield on the 1-year Treasury Bond fell by 2.6 basis points to 2.853%, down from the previous session's 2.879%. The 2-year Treasury Bond yield decreased by 4.0 basis points, now at 2.902%, while the 3-year Treasury Bond saw a decline of 4.5 basis points, bringing its yield to 2.891%. The 10-year Treasury Bond experienced the largest decrease, with a drop of 5.4 basis points to 3.074%. The 2-year Monetary Stabilization Bond yield decreased by 3.9 basis points, settling at 2.884%. Similarly, the 3-year Corporate Bond with an AA- rating saw a 4.8 basis point reduction, bringing its yield to 3.460%. In contrast, the 91-day Certificate of Deposit maintained its yield at 3.400%, showing no change from the previous session.