SEOUL — South Korea's bond market saw significant shifts in yields on November 15, 2023, with changes across various tenures.
According to Yonhap News Agency, the 1-year Treasury Bill (TB) yield decreased by 4.2 basis points to 3.750%, down from the previous session's 3.792%. The 2-year TB yield fell more sharply, dropping 9.5 basis points to 3.798% from 3.893%. The 3-year TB yield also saw a decline, falling 11.3 basis points to 3.744% from 3.857%. In the longer tenor, the 10-year TB yield decreased significantly by 16.5 basis points, reaching 3.815%, down from 3.980%. The 2-year Monetary Stabilization Bond (MSB) yield recorded a decrease of 8.7 basis points to 3.787%, compared to 3.874% in the previous session. The 3-year Corporate Bond (CB) with an AA- rating also saw a decrease of 11.3 basis points, ending at 4.591% from 4.704%. The 91-day Certificate of Deposit (CD) remained unchanged at 3.830%.