The financial markets in South Korea observed shifts in bond yields as of January 24, 2024. These changes reflect the latest movements in the country's bond market.
According to Yonhap News Agency, there were noticeable changes in bond yields across various maturities. The one-year Treasury bill (TB) saw an increase from 3.338% in the previous session to 3.345%, marking a change of 0.7 basis points. Similarly, the two-year TB rose by 1.6 basis points from 3.337% to 3.353%. The three-year TB also experienced an increase, moving up by 1.4 basis points from 3.286% to 3.300%.
Notably, the ten-year TB underwent a significant shift, climbing 2.8 basis points from 3.372% to 3.400%. In the corporate bond sector, the three-year AA- corporate bond (CB) yield increased by 1.0 basis point, going from 4.041% to 4.051%. The two-year Monetary Stabilization Bond (MSB) recorded a rise of 1.0 basis point, moving from 3.339% to 3.349%.
However, the 91-day Certificate of Deposit (CD) maintained stability, remaining unchanged at 3.680%.