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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World S.Korea bonds steady, helped by low rates outlook Reuters - Monday, April 5 Send IM Story Print SEOUL, April 5 - South Korean bonds held steady early on Monday helped by expectations that interest rates will remain low for some time, which offset the impact of a slide in U.S. Treasuries late last week. The June contract on 3-year government bond futures <KTBc1> was quoted unchanged at Friday's close of 110.67 at 0240 GMT while the yield on 3-year treasury bonds <KRTSY3Y=KQ> was also quoted unchanged at 3.84 percent, dealers said. The Ministry of Strategy and Finance also sold new 3-year treasury bonds at an average yield of 3.84 percent at an auction, which drew bids totalling 3.83 trillion won ($3.40 billion), more than triple the planned 1 trillion won. The finance ministry and the central bank said in a joint statement early on Monday that their chiefs reaffirmed to cooperate in managing policy at their first meeting since the new central bank governor took office last week. [ID:nTOE63301F] They did not discuss interest rate policy at the meeting, officials said, but dealers said the pledge of cooperation reinforced the market's view that rates would be kept low for an extended period. Recommend Send IM Story Print Related Articles Philippines' main tax agency says topped March target Reuters - 16 minutes ago Russia MMK FY net $219 mln, beats forecast Reuters - 19 minutes ago Offshore yuan fwds barely react to delay in US FX report Reuters - 20 minutes ago Indian call money down at start of new fiscal year Reuters - 21 minutes ago Turkey benchmark bond yield rises after inflation Reuters - 24 minutes ago News Search Top Stories NASA readies Discovery for takeoff Angelie Jolie, Brad Pitt in surprise visit to Sarajevo Major quake in Mexico rocks southwestern US Haitians celebrate Easter in camps and cathedral ruins Obama attends Easter service at historic black church More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Abortion doctor killer gets life; no parole for 50 yrs Did comet smashup unleash Earth's mini Ice Age? Gunmen in army uniforms massacre 25 people in Iraq Hamilton fastest in Malaysia GP, but cautious Britain's Mandelson attacks 'unacceptable' Barclays banker More Most Viewed » 'Rare' fossil of new dinosaur species found in US Hollywood stars help prevent suicide after Twitter alert Junkies and junk-food addicts share craving mechanism Toad is a telltale for impending quakes: scientists More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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