Government Bond Yields Fall Across the Board... 3-Year Bond at 1.451% Annual Interest

[Asia Economy Reporter Ryu Tae-min] On the 16th, government bond yields fell across the board.

In the Seoul bond market that day, the 3-year government bond yield closed at an annual rate of 1.451%, down 4.6 basis points (1bp=0.01 percentage points) from the previous trading day.

The 10-year yield fell 1.6bp to an annual rate of 2.008%. The 5-year and 2-year yields dropped 3.5bp and 1.6bp respectively, closing at annual rates of 1.718% and 1.297%.

The 20-year yield recorded an annual rate of 2.073%, down 0.8bp. The 30-year and 50-year yields fell 0.5bp and 0.4bp respectively, closing at annual rates of 2.061% and 2.062%.