Business & Finance

South Korea bonds end lower as BoK keeps rates unchanged

Published January 9, 2014 Updated January 9, 2014 07:24am

1 min

By Shoaib Ur Rehman

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SEOUL: South Korean bonds ended lower on Thursday, as the Bank of Korea's decision to keep its policy rate unchanged earlier in the day forced some investors to unwind speculative bets on a rate cut announcement.

Yield on the benchmark 10-year government bonds ended up 2.9 basis points, while lead March futures on three-year treasury bonds ended down 0.13 points.

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