SEOUL — The bond yields in South Korea saw mixed changes on July 1, 2024, with varying shifts across different maturities.
According to Yonhap News Agency, the yield on one-year treasury bills (TB) decreased by 1.9 basis points to 3.309 percent from the previous session. Meanwhile, longer-term yields experienced an increase, with the ten-year TB rising by 4.6 basis points to 3.312 percent. The two-year and three-year TBs also saw rises of 2.0 and 2.8 basis points, settling at 3.263 percent and 3.210 percent, respectively. The two-year municipal standard bond (MSB) and three-year corporate bond (CB) rated AA- recorded increases in yields, reflecting a tightening financial environment. The 91-day certificate of deposit (CD) rate remained steady at 3.600 percent.