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SOUTH KOREA: Bond Wrap

SOUTH KOREA
GlobalEM BulletBulletSouth KoreaAPACEmerging Market NewsRegion
  • Politicians continue to put pressure on the BOK to cut rates with President Yoon’s policy chief telling reporters Wednesday that the stabilisation of inflation in Korea has created sufficient conditions for a rate cut.
  • In its regular report to parliament, the BOK said it will consider the timing to reduce its benchmark interest rate while keeping its policy restrictive.
  • Bonds hardly reacted today with limited yield movement. 

2yr 3.079%     5yr 2.899%     10yr 2.993% (+2bp)     30yr 2.871%

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  • Politicians continue to put pressure on the BOK to cut rates with President Yoon’s policy chief telling reporters Wednesday that the stabilisation of inflation in Korea has created sufficient conditions for a rate cut.
  • In its regular report to parliament, the BOK said it will consider the timing to reduce its benchmark interest rate while keeping its policy restrictive.
  • Bonds hardly reacted today with limited yield movement. 

2yr 3.079%     5yr 2.899%     10yr 2.993% (+2bp)     30yr 2.871%