Government Bonds Close Higher Across All Maturities... CD and CP Reach Yearly Highs
[Asia Economy Reporter Hwang Yoon-joo] On the 27th, domestic government bond yields closed higher across the board. A rise in yields indicates a decline in bond prices.
In the Seoul bond market on the day, the 3-year government bond yield closed at 4.254% per annum, up 4.6 basis points (1bp=0.01 percentage points) from the previous trading day.
The 10-year yield rose 3.4bp to 4.313% per annum. The 5-year yield increased by 3.9bp and the 2-year yield rose 2.4bp, closing at 4.359% and 4.276% per annum, respectively.
The 20-year yield rose 4.7bp to 4.233% per annum. The 30-year and 50-year yields increased by 6.1bp and 6.7bp, respectively, recording 4.141% and 4.095% per annum.
Hot Picks Today
After Topping 8,000 Instead of Hitting 10,000... KOSPI Plunges—When Will It Rebound?
- "Samsung and Hynix Were Once for the Underachievers"... Hyundai Motor Employee's Lament
- [Breaking] Court Rules Against Samsung Electronics Union...1 Billion Won per Day Penalty for Exceeding Strike Scope
- Stronger Fines for Personal Data Leaks Start Tomorrow... Higher Sales Standards Applied
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
Negotiable Certificates of Deposit (CD) and Commercial Papers (CP) hit yearly highs. The 91-day CD remained steady at 3.94% per annum. The 91-day CP closed at 4.55%, up 4bp.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
