[Korea goyounghun financial newspaper reporter] had expected the bond market experts 23 days to freeze the base rate of the Bank of Korea, most coming.
According to a survey conducted by the Korea Financial Investment Association 21 days 99.0% of respondents answered (100.0% MoM) in February that it would freeze the key interest rate the Bank of Korea (1.25%). The investigation period was answered from the last 8 days and 13 days, 129 bond holdings and operating results of the survey targeted 200 people workers of the institution 76 100 people institutions (foreign institutions 6, 8).
Business publication By (issuers) 2 persons, management (fund managers, traders, etc.) 55 persons, intermediaries (brokers · IB business parties, etc.) 16 persons, analysis (analyst, economist · RM business parties, etc) in 21 patients, six other people It took part in the survey.
Total bond market index (BMSI) has risen compared to the previous month 4.6 points to 96.9 (92.3 the previous month) in February showed that the bond market sentiment improved slightly compared to the previous month.
BMSI kept the benchmark interest rate is similar to that of the previous month to 99.0 (100.0 the previous month). BMSI interest rate outlook is 94.0 (89.2 MoM) rises 4.8 points compared to the last month's interest rate-related bond market sentiment has improved slightly compared to the previous month.
Gold tuhyeop official "US trade protectionism and export slowdown and recession concerns over enlargement, etc. act as rate cut expectations Factors" and "it is this year expected three times the US rate hike the number of global outflows during lowering future interest rates this year in February, including a burden benchmark interest rate is likely to be frozen, "he said.
Had 15.0% of the respondents (23.5% MoM) in response to a rise in interest rates, interest rates remained flat rate rose to 12.3% of respondents point to 76.0% compared to the previous month (63.7% the previous month).
Waterfront BMSI 99.0 (71.6 the previous month) by 27.4 points compared to the previous month rise, bond prices related to market sentiment has improved significantly as compared to the previous month.
Proportion of respondents expected the February inflationary impact of domestic economic entities consumer sentiment fell 12.4% points to 16.0% compared to the previous month.
BMSI rate is 88.0 compared to the previous month dropped by 4.2 points (92.2 the previous month), foreign exchange rates related to the aggregate bond market sentiment was slightly worse compared to the previous month.
Gold tuhyeop securities and derivatives Services Division M dalhyeon Director of "March US benchmark interest rates were impressed expectations that grows exchange rate of respondents rate is risen, from KTB futures market while trading trends in foreign also net short positions appear vertically on bond prices forecast bond market sentiment was deteriorating, "he said diagnosis.
Director of the South and analyzed, "Trump's US administration's pro-growth policies, such as tax cuts factors such as rising interest rates and enforce strong US economic data this linger, and in February the domestic bond market interest rate outlook has a high proportion of respondents remained flat."
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