Government Bond Yields Fall Across the Board... 3-Year Bond at 2.073% Annual Rate
[Asia Economy Reporter Hwang Yoon-joo] Government bond yields fell across the board.
On the 19th, in the Seoul bond market, the yield on 3-year government bonds closed at 2.073% per annum, down 5.4 basis points (1bp=0.01 percentage points) from the previous trading day.
The 10-year yield fell 1.6bp to 2.537% per annum. The 5-year and 2-year yields dropped 3.2bp and 8.0bp respectively, closing at 2.301% and 1.889% per annum.
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The 20-year yield declined 1.4bp to 2.502% per annum. The 30-year and 50-year yields fell 1.7bp and 1.4bp respectively, recording 2.429% and 2.428% per annum.
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