SEOUL — South Korean bond yields experienced a decline across several maturities on August 14, 2024, reflecting a shift in investor sentiment.
According to Yonhap News Agency, the yields on one-year Treasury Bills (TB) decreased by 2.3 basis points to 3.049 percent, down from 3.072 percent in the previous session. Two-year TBs also saw a reduction, falling 2.6 basis points to 3.000 percent. Three-year TBs dropped by 3.0 basis points to 2.888 percent, and ten-year TBs declined by 2.9 basis points to 2.945 percent. In the corporate bond sector, two-year Monetary Stabilization Bonds (MSB) and three-year Credit Bonds (CB) with an AA- rating decreased by 2.3 and 2.5 basis points respectively. Meanwhile, the 91-day Certificate of Deposit (CD) rate remained steady at 3.490 percent, unchanged from the previous session. These movements reflect ongoing adjustments in the financial markets, influenced by both domestic economic factors and broader global trends.