Business & Finance

South Korea bonds edge down, foreigners provide support

Published Updated

SEOUL: South Korean bond prices edged down on Wednesday as market participants sold off shorter-term paper, erasing early morning gains, while foreigners provided support with their three-year treasury bond futures contracts purchases.

The yield on the benchmark 10-year government bonds ticked up 1 basis point to 3.40 percent, while lead December futures on three-year treasury bonds ended down 0.05 points at 105.83.