South Korean Bond Yields Experience Notable Shifts on January 9, 2024

Seoul, South Korea - South Korea's bond market witnessed significant changes in yields on January 9, 2024, as indicated by the latest financial data.

According to Yonhap News Agency, the 1-year Treasury Bill (TB) saw a decrease from 3.455% in the previous session to 3.424%, marking a change of -3.1 basis points. Similarly, the yield on the 2-year TB dropped from 3.393% to 3.355%, a decrease of -3.8 basis points. The 3-year TB also followed this downward trend, with its yield reducing from 3.297% to 3.255%, a change of -4.2 basis points.

In the longer-term segment, the 10-year TB experienced a slight decrease in its yield, moving from 3.344% to 3.323%, a change of -2.1 basis points. Additionally, the 2-year Monetary Stabilization Bond (MSB) saw its yield decline from 3.370% to 3.320%, a significant change of -5.0 basis points.

The 3-year Corporate Bond (CB) rated AA- also reported a decrease in yield, going from 4.045% to 4.004%, a change of -4.1 basis points. Moreover, the 91-day Certificate of Deposit (CD) witnessed a marginal decrease in its yield, moving from 3.810% to 3.800%, a change of -1.0 basis points.

These shifts in bond yields reflect the dynamic movements within the South Korean bond market as of January 9, 2024.

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