South Korea bonds rise on foreign inflows ahead of holiday break

SEOUL: South Korean bonds ended higher on Tuesday, lifted by foreign inflows as well as a slight pullback in appetite for domestic stocks as local markets head into a long holiday break.

Yield on the benchmark 10-year government bonds ended down three basis points. September futures on three-year treasury bonds, which expired on Tuesday, ended up 0.07 points at 106.00.

December futures on the three-year debt, which are now the lead futures contracts, ended up 0.14 points at 105.75 as investors repositioned to the new benchmark.