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October 11, 2024

S. Korean Bond Yields on Oct. 11, 2024

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

1-year TB 2.856 2.866 -1.0

2-year TB 2.971 2.982 -1.1

3-year TB 2.947 2.962 -1.5

10-year TB 3.085 3.088 -0.3

2-year MSB 2.944 2.957 -1.3

3-year CB (AA-)

Seoul shares close tad lower despite BOK’s rate cut

Seoul shares ended slightly lower Friday on foreign sell-off despite the Bank of Korea’s (BOK) first rate cut in more than three years. The local currency rose against the U.S. dollar.

The benchmark Korea

Lotte Shopping targets 20 tln won sales in 2030

Lotte Shopping Co., an affiliate of South Korean retail giant Lotte Group, said Friday it is targeting to achieve 20 trillion won (US$14.8 billion) in sales in 2030 through the “value-up” program.

Lotte Shopping