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South Korean Government Bond Yields Decline Across All Maturities
Finance · Major Banks · yonhap_finance · 2026-08-24
South Korean government bond yields fell across the board on the 24th, with the 3-year benchmark yield closing at 3.836% as market sentiment improved.
What Happened
Broad Decline in Bond Yields: South Korean government bond yields saw a uniform decline across all maturities during the trading session on the 24th. This broad-based drop reflects a strengthening in the bond market as investors reacted to prevailing economic conditions.
Key Maturity Performance: The 3-year government bond yield settled at 3.836%, down 1.8 basis points from the previous session. Meanwhile, the 10-year yield fell by 4.1 basis points to 4.335%, and the 5-year yield decreased by 4.3 basis points to 4.068%.
Long-term and Corporate Debt: Longer-dated bonds, including the 20-year and 30-year maturities, also experienced downward pressure, falling by 4.3 basis points and 2.6 basis points, respectively. Corporate bonds with an AA- rating saw a 2.2 basis point decline, mirroring the general trend of lower yields across the fixed-income spectrum.
Market Data Context: The reported figures are based on data provided by Yonhap Infomax. While most bond yields trended downward, the 91-day CD rate showed a slight increase, highlighting a specific divergence in short-term money market instruments compared to the broader government bond market.