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Bond Wrap

SOUTH KOREA
  • Presidential Office have expressed their disappointment over the BOK’s decision to leave rates on hold.
  • BOK's Rhee calls last week's rate hold a warning on household debt.
  • South Korea to Sell 1 Trillion Won 63-Day Financial Bills.
  • Bonds rallied at the front end with 2 year yields 5-6bp lower.

2yr 3.18% (-6bp) 5yr 3.095% (+5bps) 10yr 3.084% (-1bp) 30yr 2.991% (-1bp)

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