Government Bond Yields Mixed... Three-Year Bonds at 2.996% Per Annum

Won-Dollar Exchange Rate Closes at 1,477.5 Won

On January 14, one day before the Bank of Korea Monetary Policy Board meeting, government bond yields showed a mixed trend.

On this day, in the Seoul bond market, the yield on three-year government bonds closed at 2.996% per annum, down 0.7 basis points (1bp = 0.01 percentage point) from the previous trading day.

Bank of Korea building. The Asia Business Daily DB

The yield on 10-year government bonds rose 0.6 basis points to 3.418% per annum. The yields on five-year and two-year bonds fell by 0.2 basis points and 1.3 basis points, closing at 3.240% and 2.828% per annum, respectively. The 20-year bond yield rose 0.5 basis points to close at 3.378% per annum, while the 30-year and 50-year bond yields remained unchanged at 3.275% and 3.173% per annum, respectively.

On this day, foreign investors recorded a net sale of 3,577 contracts of three-year government bond futures and 2,557 contracts of ten-year government bond futures.

Meanwhile, the won-dollar exchange rate continued its upward trend for the tenth consecutive day amid the weakness of the Japanese yen. As of 3:30 p.m., it closed at 1,477.50 won, up 3.80 won from the previous day in the regular session.