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Close of August 15, 2022 |
Change From | |||
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Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
2 Year | 3.141 | 0.0 | ▲ 3.5 | ▲ 146.9 |
5 Year | 3.232 | 0.0 | ▲ 9.2 | ▲ 122.7 |
10 Year | 3.277 | 0.0 | ▲ 10.7 | ▲ 102.2 |
* Government bond yield changes are expressed in basis points. |
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Currencies | Latest Rate | Previous Day | Previous Week | YTD |
KRW per USD | 1,306.130 | ▼ 0.3 | ▲ 0.0 | ▼ 9.8 |
KRW per JPY | 9.797 | ▼ 0.4 | ▼ 1.2 | ▲ 5.2 |
* Exchange rate changes are expressed as a percentage change. |
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Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
1D KORIBOR | 1.965 | 0.0 | ▲ 9.0 | ▲ 121.5 |
3M KORIBOR | 2.660 | 0.0 | 0.0 | ▲ 125.0 |
* Interest rate changes are expressed in basis point change. |
Change From | ||||
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Policy Rates | Latest Rate (13-Jul-2022) |
Previous Rate (26-May-2022) |
YTD Rate |
|
BOK Base Rate | 2.250 | ▲ 50.0 | ▲ 125.0 | |
* Policy rate changes are expressed in basis point change. |
Agency | Rating | Outlook | Date | |
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Regional Rating Institutions | ||||
R&I | AA- | stable | 2020-03-17 | |
RAM | AA3 | stable | 2019-05-07 | |
Non-Regional Rating Institutions | ||||
Fitch | AA- | stable | 2022-01-28 | |
S&P | AA | stable | 2022-04-26 | |
NEWS HIGHLIGHTS
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BOND ISSUANCES
ASEAN+3 Bond Market Guide is a comprehensive explanation of the region's bond markets. It provides information such as the history, legal and regulatory framework, specific characteristics of the market, trading and transaction (including settlement systems), and other relevant information. The ASEAN+3 Bond Market Guide 2018 Republic of Korea is an outcome of the strong support and kind contributions of ASEAN+3 Bond Market Forum members and experts, particularly from the Republic of Korea. View Report
* Download previous issues PDF | ||||
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Between 28 February and 15 May, the Republic of Korea’s local currency (LCY) government bond yields rose across the curve amid rising global and domestic inflation, and monetary policy normalization by both the United States Federal Reserve and the Bank of Korea. Upward pressure on domestic yields also stemmed from bond oversupply concerns due to uncertainties on the fiscal policy of the newly elected government. However, concerns eased as the government announced in May that the financing of the second supplementary budget would not involve the additional issuance of government bonds. This resulted to a decline in yields, slightly cushioning the surge in yields in March and April.
The size of the Republic of Korea’s LCY bond market reached KRW2,898.1 trillion (USD2.4 trillion) at the end of March. Growth inched up to 2.0% quarter-on-quarter (q-o-q) in the first quarter of 2022 from 1.5% q-o-q in the previous quarter, largely driven by the government sector which rose 3.4% q-o-q, as the corporate segment posted marginal growth of 1.0% q-o-q. From the same period in 2021, the Republic of Korea’s LCY bond market grew 7.5% year-on-year, slightly lower than the 7.9% year-on-year increase posted in the fourth quarter of 2021.
On 29 May, the National Assembly passed the second supplementary budget of KRW62.0 trillion, which is to be largely allocated for programs involved in improving people’s livelihoods. The resulting 2022 budget is expected to generate a consolidated fiscal deficit equivalent to 3.3% of gross domestic product (GDP) and a government-debt-to-GDP ratio of 49.7%.
Title | Source | Date |
---|---|---|
3Y KTB 01625-2206 | Ministry of Economy and Finance | 2019-10-28 |
20Y KTB 01125-3909 | Ministry of Economy and Finance | 2019-10-21 |
10Y KTB 01875-2906 | Ministry of Economy and Finance | 2019-10-14 |
50Y KTB 02000-6809 | Ministry of Economy and Finance | 2019-10-11 |
5Y KTB 01375-2409 | Ministry of Economy and Finance | 2019-10-07 |
30Y KTB 02000-4903 | Ministry of Economy and Finance | 2019-10-01 |
3Y KTB 01625-2206 | Ministry of Economy and Finance | 2019-09-30 |
50Y KTB 02000-6809 | Ministry of Economy and Finance | 2019-09-24 |
20Y KTB 01125-3909 | Ministry of Economy and Finance | 2019-09-23 |
10Y KTB 01875-2906 | Ministry of Economy and Finance | 2019-09-16 |
5Y KTB 01375-2409 | Ministry of Economy and Finance | 2019-09-02 |
30Y KTB 02000-4903 | Ministry of Economy and Finance | 2019-08-27 |
3Y KTB 01625-2206 | Ministry of Economy and Finance | 2019-08-26 |
20Y KTB 02375-3809 | Ministry of Economy and Finance | 2019-08-19 |
10Y KTB 01875-2906 | Ministry of Economy and Finance | 2019-08-12 |
50Y KTB 02000-6809 | Ministry of Economy and Finance | 2019-08-09 |
5Y KTB 01875-2403 | Ministry of Economy and Finance | 2019-08-05 |
30Y KTB 02000-4903 | Ministry of Economy and Finance | 2019-07-30 |
3Y KTB 01625-2206 | Ministry of Economy and Finance | 2019-07-29 |
20Y KTB 02375-3809 | Ministry of Economy and Finance | 2019-07-22 |
10Y KTB 01875-2906 | Ministry of Economy and Finance | 2019-07-15 |
5Y KTB 01875-2403 | Ministry of Economy and Finance | 2019-07-08 |
30Y KTB 02000-4903 | Ministry of Economy and Finance | 2019-07-02 |
3Y KTB 01625-2206 | Ministry of Economy and Finance | 2019-07-01 |
20Y KTB 02375-3809 | Ministry of Economy and Finance | 2019-06-24 |
10Y KTB 01875-2906 | Ministry of Economy and Finance | 2019-06-17 |
50Y KTB 02000-6809 | Ministry of Economy and Finance | 2019-06-14 |
5Y KTB 01875-2403 | Ministry of Economy and Finance | 2019-06-10 |
30Y KTB 02000-4903 | Ministry of Economy and Finance | 2019-06-04 |
3Y KTB 01625-2206 | Ministry of Economy and Finance | 2019-06-03 |
20Y KTB 02375-3809 | Ministry of Economy and Finance | 2019-05-27 |
10Y KTB 02375-2812 | Ministry of Economy and Finance | 2019-05-20 |
5Y KTB 01875-2403 | Ministry of Economy and Finance | 2019-05-13 |
30Y KTB 02000-4903 | Ministry of Economy and Finance | 2019-05-08 |
3Y KTB 02000-2112 | Ministry of Economy and Finance | 2019-05-07 |
20Y KTB 02375-3809 | Ministry of Economy and Finance | 2019-04-25 |
10Y KTB 01875-2906 (Pre-issuance) | Ministry of Economy and Finance | 2019-04-15 |
10Y KTB 02375-2812 | Ministry of Economy and Finance | 2019-04-15 |
50Y KTB 02000-6809 | Ministry of Economy and Finance | 2019-04-12 |
5Y KTB 01875-2403 | Ministry of Economy and Finance | 2019-04-08 |
30Y KTB 02000-4903 | Ministry of Economy and Finance | 2019-04-02 |
3Y KTB 02000-2112 | Ministry of Economy and Finance | 2019-04-01 |
3Y KTB 01625-2206 (pre-issuance) | Ministry of Economy and Finance | 2019-04-01 |
20Y KTB 02375-3809 | Ministry of Economy and Finance | 2019-03-25 |
10Y KTB 02375-2812 | Ministry of Economy and Finance | 2019-03-18 |
50Y KTB 02000-6809 | Ministry of Economy and Finance | 2019-03-15 |
30Y KTB 02000-4903 | Ministry of Economy and Finance | 2019-03-05 |
3Y KTB 02000-2112 | Ministry of Economy and Finance | 2019-03-04 |
20-year KTB 02375-3809 | Ministry of Economy and Finance | 2019-02-25 |
10-year KTB 02375-2812 | Ministry of Economy and Finance | 2019-02-18 |
50-year KTB 02000-6809 | Ministry of Economy and Finance | 2019-02-15 |
5-year KTB 02250-2309 | Ministry of Economy and Finance | 2019-02-11 |
5-year KTB 01875-2403 (pre-issuance) | Ministry of Economy and Finance | 2019-02-11 |
30-year KTB 02625-4803 | Ministry of Economy and Finance | 2019-01-29 |
30-year KTB 02000-4903 (pre-issuance) | Ministry of Economy and Finance | 2019-01-29 |
3-year Treasury Bonds Auction Result | Ministry of Economy and Finance | 2019-01-28 |
20-year Treasury Bonds Auction Results | Ministry of Economy and Finance | 2019-01-21 |
10-year Treasury Bonds Auction Results | Ministry of Economy and Finance | 2019-01-14 |
30-year Treasury Bonds Auction Results | Ministry of Economy and Finance | 2019-01-03 |
3-year Treasury Bonds Auction Results | Ministry of Economy and Finance | 2019-01-02 |
20-year Treasury Bonds Auction Results | Ministry of Economy and Finance | 2018-12-17 |
10-year Treasury Bonds Auction Results | Ministry of Economy and Finance | 2018-12-10 |
50-year Treasury Bonds Auction Results | Ministry of Economy and Finance | 2018-12-07 |
5-year Treasury Bonds Auction Results | Ministry of Economy and Finance | 2018-12-03 |
20-year Treasury Bonds Auction Results | Ministry of Economy and Finance | 2018-11-19 |
10-year Treasury Bonds Auction Results (November 12) | Ministry of Economy and Finance | 2018-11-12 |
Title | Source | Date |