Free Trial

Futures Decline

KOREA RATES

Futures in South Korea are lower along with other bonds in the region; the 10-year is down 16 ticks at 125.77 but off session lows at 125.66. In the cash space yields are lower in the short end, the 2-year sector proving the exception ahead of the auction today.

  • Elsewhere the finance minister has repeated that the government plans to step up efforts to curb the growth of its national debt in a bid to improve fiscal soundness. Last week South Korea launched consultations with ratings agency Fitch, the meetings will run until Thursday.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.