S.Korea bonds edge down on firmer stocks, ahead of GDP

SEOUL: South Korean bond prices edged down on Wednesday as gains in stocks put fixed-income assets under pressure, with investors taking a cautious stance ahead of next week's US Federal Reserve policy meeting.

Investors are also awaiting the release early on Thursday of South Korean economic growth data for the final quarter of 2013, which analysts in a Reuters survey expect to show some slowing in quarterly growth.

The yield on the benchmark 10-year treasury bonds added 2.1 basis points to 3.683 percent.

In futures trading, the lead March contract on three-year treasury bonds lost 0.03 point to 105.57, its lowest close since Jan. 3.