South Korean Bond Yields See Decline on April 12

SEOUL — The yields on South Korean treasury bonds and other securities experienced declines on April 12, 2024, compared to the previous session. Notably, the yields on one-year, two-year, and three-year treasury bills dropped along with longer ten-year bonds and other money securities.

According to Yonhap News Agency, the one-year treasury bill fell by 2.7 basis points to 3.431%, the two-year treasury bill decreased by 4.9 basis points to 3.445%, and the three-year by 6.3 basis points to 3.403%. The ten-year treasury bill also saw a decline of 4.7 basis points, settling at 3.538%. Additionally, the two-year monetary stabilization bonds dropped by 5.2 basis points to 3.417%, and three-year corporate bonds rated AA- decreased by 5.5 basis points to 3.961%. The 91-day certificates of deposit saw a smaller decline of 1.0 basis point, finishing at 3.560%.

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