[Deadline bond] yields fall ... Add soaring limited possibilities before FOMC

[Korea hyerin nine financial newspaper reporter] The government bond yields fell slightly.

Bond yields are expected to continue until the gyeonggyegam former US Federal Open Market Committee (FOMC). Current interest rates are likely to default the realization atmosphere. The boom in situations such as the Kospi beyond the 2130 lines may act as a factor weakening the bond market.

Kyobo Securities yunmin hundred researchers said, "but influenced by rising US interest rates expected weak flow, treasury bond prices already before in that it seonbanyoung expectations for Fed rate hike in March FOMC is likely to surge further limited."

After FOMC gotta relieve the short term, this uncertainty also comes prospects look strong bond market expectation. 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 14 days, according to the Korea Financial Investment Association is 0.7bp 3-year government bonds fell 1.758 percent compared to the previous trading day, the 10-year government bonds finished trading at 2.290% down 1.1bp. Showed the 50-year 2.340%, down 0.9bp.

Three years government bond futures (KTBF) was trading at 109.38, up 4 ticks compared to the previous trading day. But the bank bought the 2311 agreement, foreigners sold a 2675 agreement. Dwaetgo 82 027 contracts trading, open interest declined by 10 944 contracts.

Government bond futures (LKTBF) 10 years, was traded at 124.01 compared to the previous trading day rose one tick. The 1083 agreement was net buying securities foreigners were net short 1199 contracts. 50 000 dwaetgo 5084 contract deals, contract open interest decreased by 2303.

MSBs showed a 91-day 0.2bp fell 1.350 percent compared to the previous trading day. While one-year monetary stabilization was finished trading at 1.496% compared to the previous trading day down 0.7bp, 2-yr MSBs was trading at 1.650%, down 0.9bp.

Debentures (unsecured three years) AA- yields fell 0.4bp 2.244%, corporate bonds (non-guaranteed 3 years) compared to the previous trading day closed at 8.454 percent, down BBB- 0.3bp.

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



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com