SEOUL – The latest report on South Korean bond yields indicates adjustments across various maturities as of March 29, 2024. The changes reflect the current market conditions and investor sentiments within the fixed income sector.
According to Yonhap News Agency, the yield on one-year Treasury bills increased by 2.8 basis points to 3.384 percent, while the two-year Treasury bill yield saw a rise of 3.5 basis points, settling at 3.368 percent. Similarly, three-year Treasury bill yields went up by 2.9 basis points to 3.322 percent, and the yield on ten-year Treasury bills increased by 3.6 basis points to 3.413 percent.
In the municipal sector, the two-year municipal standard bond yield experienced a slight increase of 1.3 basis points, reaching 3.367 percent. Corporate bonds rated AA- also saw a rise, with three-year corporate bond yields climbing by 2.3 basis points to 3.926 percent.
Interestingly, the 91-day certificate of deposit rate remained unchanged at 3.640 percent, highlighting stability in some areas of the short-term money market amid the adjustments seen in other segments.