The bond market in South Korea saw varied movements in yields as of March 28, 2024.
According to Yonhap News Agency, there was an increase across several Treasury bills (TB) and Monetary Stabilization Bonds (MSB), with a notable rise in the 91-day Certificate of Deposit (CD) rate. The one-year TB yield rose by 1.6 basis points, while the two-year and three-year TBs saw marginal increases. The ten-year TB yield also edged up slightly.
Meanwhile, the three-year Corporate Bond (CB) with an AA- rating remained unchanged. These movements reflect the dynamic nature of South Korea's bond market, influenced by both domestic and international economic factors.