[Asia Economy Reporter Hwang Yoon-joo] On the 9th, government bond yields closed lower across all maturities. Meanwhile, commercial paper (CP) surpassed 5% for the first time in 13 years and 10 months, reaching a record high.
In the Seoul bond market that day, the 3-year government bond yield closed at 4.086% per annum, down 0.070 percentage points from the previous trading day.
The 2-year yield fell 0.067 percentage points to 4.167% per annum, and the 5-year yield dropped 0.077 percentage points to 4.179% per annum. The 1-year yield recorded 3.911% per annum, down 0.019 percentage points.
The 10-year yield closed at 4.177% per annum, down 0.059 percentage points. The 20-year yield fell 0.044 percentage points to 4.163%. The 30-year and 50-year yields ended at 4.118% and 4.078% per annum, down 0.038 and 0.032 percentage points, respectively.
Meanwhile, the CD rate remained steady at 3.97% per annum, while the CP rate rose 0.04 percentage points from the previous day to 5.02% per annum. The CP rate has been on an upward trend for 35 consecutive trading days since September 21, marking the highest level since January 14, 2009 (5.17% per annum).
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
