Monday, March 13, 2017

[Bonds closed] ... FOMC interest rate decline since the short-term interest rates fell to uncertainties views



[Korea hyerin nine financial newspaper reporter] government bond yields fell (rising bond prices) ended.

Bond yields are expected to continue this gyeonggyegam ahead of the US Federal Open Market Committee (FOMC). Market experts have predicted to lead the short-term interest rates fell with ease uncertainty after the FOMC.

Eugene Investment & Securities sindongsu Institute "February employability indicators most of the strong US Fed rate hike in March FOMC Atmosphere designated realization," said, "interests of market interest rates phosphate speed, that is expected federal funds rate by the Fed Rep. he said the results of this view fit "focus on jeomdopyo.

Shinhan Investment anjaegyun researchers "domestic bond market in March expected to be stable with US bond yields fell after the FOMC" said, "Even if the US raised its March policy rate in Korea is expected base rate freeze duration of the MPC in domestic demand is, "he said. Furthermore, he added that "if three be returned to only 50,000 net short government bond futures contract for more than three years of tax uncertainties after the FOMC forecast the cumulative foreign month appear larger than the decline in short-term interest rates."

In 13 days, according to the Korea Financial Investment Association is a 3-year government bond fell 1.5bp 1.765% compared to the previous trading day, the 10-year government bonds finished trading at 2.301% down 1.7bp. Showed the 50-year 2bp fell 2.349 percent.

Three years government bond futures (KTBF) was trading at 109.34, up 9 ticks compared to the previous trading day. But the brokerage bought 2,800 contracts, foreigners sold a 4629 agreement. Dwaetgo 29 648 6 Contract Deals, contract open interest fell by 2094.

'10 KTB futures (LKTBF) was trading up 20 ticks on the previous trading rose 124.00. The banks were net long contracts 1369 2171 foreigners were net short contracts. 40 000 dwaetgo 1193 contract deals, contract open interest decreased by 1463.

MSBs showed a 91-day 0.8bp fell 1.352 percent compared to the previous trading day. While one-year monetary stabilization was finished trading at 1.503% compared to the previous trading day down 0.7bp, 2-yr MSBs was trading at 1.659%, down 1.6bp.

Debentures (unsecured three years) AA- 1bp interest rates fell 2.248 percent, corporate bonds (non-guaranteed 3 years) compared to the previous trading day closed at 8.457 percent, down BBB- 1.1bp.

CD 91-day notice was to 1.490%, CP 91 days 1.630% of water remained flat as previous trading.



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