InfoAnda - S.Korea bonds gain ahead of MSB auctions, maturity

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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: S.Korea bonds gain ahead of MSB auctions, maturity Reuters - Monday, May 25 SEOUL, May 25 - South Korean government bond prices rose on Monday amid expectations that local financial markets would be flooded with liquidity as a string of monetary stabilisation bonds comes due this week. ADVERTISEMENT The yield on benchmark five-year treasury bonds <KR5YT=KSDA> was down 7 basis points to 4.48 percent by 0052 GMT, and June treasury bond futures <KTBc1> gained 14 ticks to 111.00. On Monday, 4.8 trillion won worth of MSBs are maturing and an auction will be held for 3 trillion won worth of 28-day MSBs. On Friday, bond prices trimmed losses, after the finance ministry said the government would hold global road shows in Singapore, Tokyo and major U.S. cities in early June to enter the Citigroup World Government Bond Index .[ID:nSEO251938] On the political front, South Korea's former President Roh Moo-hyun committed suicide on Saturday after being hounded for weeks in a corruption scandal, according to a preliminary police report, raising concerns about the impact of potential political instability on markets. [ID:nSEO67516] Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: Business Fed's Kohn says rates likely to stay low for some timeReuters - Sunday, May 24 Navistar buys bankrupt Monaco for $50 millionAP - Sunday, May 24 Fed studying effect of crisis on productivityReuters - Sunday, May 24 Brazil's Vale says not started '09 iron price talksReuters - Sunday, May 24 GMAC plans to slash $1 billion in costs - reportsReuters - Sunday, May 24 Most Popular – Business Viewed Obama signs credit card reforms Smokers duped by light cigarettes: US court Vitamin D boosts brain power in middle-aged men Popular cereal is a drug, US food watchdog says Health chiefs warn against 'sneaky' flu virus View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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