S. Korean Treasury bonds fall

[THE INVESTOR] The interest rates on South Korean Treasury bonds fell across the board on Aug. 1.

The rate on three-year Treasurys fell 0.4 basis points to close at 1.212 percent, while those on 1-year and 5-year Treasurys respectively fell 0.4 and 1.2 basis points to close at 1.249 percent and 1.233 percent.

Longer term Treasurys fell by larger margins, with 10-year Treasurys seeing 2.3 basis point drop, while 20- and 30-year Treasurys each fell 2.1 basis points. Following the changes, rates on 10- and 20-year Treasurys stand at 1.439 percent, while that on 30-year Treasurys came to 1.464 percent.

By Choi He-suk (cheesuk@heraldcorp.com)