SEOUL: South Korean government bond prices fell slightly on Monday, as rising stocks took the shine off fixed-income instruments while foreign selling in bond futures also caused a dent.
Traders were also reluctant to boost holdings on caution ahead of the release of key monthly indicators later this week, which analysts expect to underscore a sustained recovery in Asia's fourth-largest economy.
Prices fell across the board, with the yield on the benchmark 10-year government bonds gaining 1.5 basis points to 3.653 percent. Lead December futures on 3-year treasury bonds finished down 0.07 points at 105.47.
Foreign investors sold a net 72.16 billion won worth of the December contract on 3-year treasury bond futures. The Seoul stock market's benchmark KOSPI ended 0.5 percent higher.
South Korea's government agencies are due to publish October industrial activity data and November export and import figures later this week.
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