SEOUL — South Korean bond yields experienced minor adjustments on July 23, 2024, with several treasury and monetary securities showing changes in their yield rates. This comes amid fluctuations in the global financial markets which continue to influence domestic bond prices.
According to Yonhap News Agency, the 1-year Treasury Bill (TB) yield increased by 1.0 basis points to 3.229%, and the 2-year TB yield rose by 1.3 basis points to 3.139%. Similarly, the 3-year TB yield saw an increase of 1.3 basis points, settling at 3.084%. Notably, the 10-year TB yield underwent a more substantial change, climbing 2.6 basis points to 3.171%. Conversely, the 2-year Monetary Stabilization Bond (MSB) witnessed a slight decrease of 0.1 basis points, indicating a yield of 3.129%. The 3-year Corporate Bond (CB) rated AA- increased by 1.1 basis points to 3.533%. The 91-day Certificate of Deposit (CD) remained unchanged at 3.520%.
These movements reflect the ongoing adjustments in the South Korean bond market as investors respond to both domestic economic conditions and international financial dynamics.