Government Bond Yields Fall Across the Board... 3-Year Bond at 3.753% Annual Interest

[Asia Economy Reporter Hwang Yoon-joo] On the 15th, yields on government bonds fell across the board.

On that day, in the Seoul bond market, the yield on 3-year government bonds closed at 3.753% per annum, down 9.7 basis points (1bp=0.01 percentage points) from the previous trading day.

The 10-year yield fell 6.7bp to 3.861% per annum. The 5-year and 2-year yields dropped 11.2bp and 8.8bp respectively, closing at 3.816% and 3.840% per annum.

The 20-year yield declined 6.7bp to 3.869% per annum. The 30-year and 50-year yields fell 5.1bp and 4.0bp respectively, recording 3.843% and 3.833% per annum.

Meanwhile, the 91-day CP yield rose 4bp to 5.22% per annum, marking a new high.