SEOUL, July 29 (Reuters) - South Korean government bond prices fell slightly early on Wednesday, weighed down by continued debate over the timing of a shift in monetary policy in the face of robust economic growth prospects.
The benchmark five-year treasury bond yield was quoted up 3 basis points at 4.74 percent at 0125 GMT as September treasury bond futures dropped 16 ticks to 109.80.
Minutes from the Bank of Korea's June 11 policy meeting, released after trading closed on Tuesday, showed at least two board members proposed that the central bank start to consider unwinding an unprecedented loose monetary policy.
(Reporting by Yoo Choonsik; Editing by Chris Lewis)
((choonsik.yoo@thomsonreuters.com; +82 2 3704 5580; Reuters Messaging: choonsik.yoo.reuters.com@reuters.net)) Keywords: MARKETS KOREA BONDS (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The benchmark five-year treasury bond yield was quoted up 3 basis points at 4.74 percent at 0125 GMT as September treasury bond futures dropped 16 ticks to 109.80.
Minutes from the Bank of Korea's June 11 policy meeting, released after trading closed on Tuesday, showed at least two board members proposed that the central bank start to consider unwinding an unprecedented loose monetary policy.
(Reporting by Yoo Choonsik; Editing by Chris Lewis)
((choonsik.yoo@thomsonreuters.com; +82 2 3704 5580; Reuters Messaging: choonsik.yoo.reuters.com@reuters.net)) Keywords: MARKETS KOREA BONDS (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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