South Korean Bond Yields Remain Steady and Dip Across Various Maturities

SEOUL – The bond yields in South Korea displayed a mixed trend on November 6, 2023, with the figures for short-term and long-term bonds showing slight changes.

According to Yonhap News Agency, the yields on the 1-year Treasury bond (TB) remained unchanged at 3.693 percent. In contrast, the 2-year TB yield decreased by 4.5 basis points to 3.858 percent, and the 3-year TB yield saw a more significant drop of 7.2 basis points to 3.877 percent. The 10-year TB yield also decreased by 4.9 basis points to 4.056 percent. For the 2-year Monetary Stabilization Bonds (MSB), the yield fell by 5.8 basis points to 3.879 percent. Credit bonds with an AA- rating, specifically the 3-year Corporate Bonds (CB), saw a decrease of 6.8 basis points, bringing the yield down to 4.721 percent. Meanwhile, the 91-day Certificate of Deposit (CD) maintained its yield at 3.830 percent, unchanged from the previous session.

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