South Korean Bond Yields Rise Across the Board

SEOUL — South Korean bond yields experienced an uptick in the latest session, marking a notable change across various maturities on February 23, 2024.

According to Yonhap News Agency, the 1-year Treasury Bond (TB) yield increased by 2.8 basis points to 3.494%, from the previous session's 3.466%. Similarly, the 2-year TB yield rose by 3.1 basis points to 3.450%, up from 3.419%, and the 3-year TB yield climbed by 3.2 basis points to 3.374%, from 3.342%. The 10-year TB saw a more significant rise of 4.4 basis points, reaching 3.468%, up from 3.424%. The 2-year Monetary Stabilization Bond (MSB) also increased by 3.2 basis points to 3.448%, from 3.416%, and the 3-year Corporate Bond (CB) with an AA- rating rose by 2.2 basis points to 4.045%, from 4.023%. The 91-day Certificate of Deposit (CD) rate remained unchanged at 3.700%.

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