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March 20, 2024

U.S. unveils some US$20 bln in grants, loans to Intel

The White House announced a plan Wednesday to award Intel Corp. nearly US$20 billion in grants and loans, marking the Joe Biden administration’s largest funding scheme under its initiative to strengthen domestic semiconductor production.

S. Korean Bond Yields on Mar. 20, 2024

Today (%) Previous Session(%) Change (BP)

1-year TB 3.346 3.361 -1.5

2-year TB 3.429 3.444 -1.5

3-year TB 3.371 3.383 -1.2

10-year TB 3.451 3.472 -2.1

2-year MSB 3.415 3.448 -3.3

3-year CB (AA-)