- Who Were the Biggest Winners And Losers This Year?
- GE, Comcast Complete Deal Over NBC Universal: Source
- US May Raise Rates Before Jobs Recover: Fed's Plosser
- Stocks Likely Don't Need Santa to Keep Rally Going
- Larry Kudlow's Open Letter to Tiger Woods
- AIG Slashes US Debt Under Deal With New York Fed
- Seamstress Fined $5.7 Million for Insider Trading
- Super Fantasy Christmas Gifts of 2009
- Commercial Property Fears Are Overblown: Zell, LeFrak
- BofA On Proposed Changes In The Housing Bailout Program
- The Future of The Media Landscape
- November Auto Sales Muddle Along
- Busch: What Obama Won't Say Tonight
- Stick with Equities—Avoid Emerging Markets: Laszlo Birinyi
- Pfizer Chomps On A Carrot
- Predictions 2010: Technology
- Predictions 2010: Consumers
- Predictions 2010: The Big Picture
Text Size 
SEOUL, Nov 6 (Reuters) - South Korean government bond prices were mixed on Friday, with a steady near-term interest rate outlook lifting short-dated paper ahead of the central bank's rate review next week whereas longer-term bonds fell. The one-year treasury bond yield fell 1 basis point to 3.44 percent while the 10-year yield rose 4 basis points to 5.47 percent. December three-year treasury bond futures gained 1 tick to 108.81. "Traders appeared less worried about the possibility of the central bank making hawkish comments after the policy meeting next week considering the recent global mood," said Hwang Tae-yeon, a fixed-income analyst at Tong Yang Securities. The Bank of Korea is widely expected to hold the seven-day repurchase agreement rate steady at a record-low 2.0 percent next week and in December, although money-market rates price in chances for at least one rate rise over the next three months. The central bank is due to hold its monthly policy meeting on Nov. 12. Longer-term bonds were hurt by a rebound in equities markets around the world on a reduced concern about the economy. On the week, the 1-year treasury yield fell 7 basis points while the benchmark 5-year yield added 4 basis points. close prev close 5-yr treasury bonds 4.98 pct 4.97 pct 3-yr treasury bonds 4.46 pct 4.46 pct 1-yr monetary stabilisation bonds 3.44 pct 3.45 pct 3-mth certificates of deposit 2.79 pct 2.79 pct Average call rate ~ 2.00 pct 6-mth *KORIBOR 3.25 pct 3.25 pct ~ not quoted * Korea interbank offered rate (Reporting by Yoo Choonsik; Editing by Chris Lewis) ((choonsik.yoo@thomsonreuters.com; +82 2 3704 5580; Reuters Messaging: choonsik.yoo.reuters.com@reuters.net)) Keywords: MARKETS KOREA BONDS (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Print
Email
- Will the Fed raise rates? Will the dollar continue its slide? CNBC experts weigh in on the year ahead.
- Goldman Sachs has forbidden employees from gathering in private holiday parties of 12 or more.
- Do you have what it takes to run your own business? Ask yourself these questions.
- Heavily armed pirates in Somalia have set up a sort of stock exhange to fund their hijackings.
- Since its launch in 1998, Google has become a primary force on the Internet. How much do you know about the company?
- A famed author has written all his work on an old typewriter that is now up for auction. The NYT reports.
Data is a real-time snapshot *Data is delayed at least 15 minutes