Government bond 10-year yield, percent in South Korea, September, 2020
For that indicator, we provide data for South Korea from October 2000 to September 2020. The average value for South Korea during that period was 4.09 percent with a minimum of 1.25 percent in August 2019 and a maximum of 8.25 percent in October 2000.
Click on the following link to see the values of Government bond 10-year yield, percent
around the world.
* indicates monthly or quarterly data series
Source: The Organisation for Economic Co-operation and Development (OECD)
Definition: Yield on a 10-year government bond is the anticipated return on such investment, expressed as an annual percentage of the original investment. The yield on a bond is based on both the purchase price of the bond and the interest promised – also known as the coupon payment.
Although a bond’s coupon rate is usually fixed, its price fluctuates continuously in response to changes in interest rates in the economy, demand for the instrument, time to maturity, and credit quality of that particular bond.
As a result, after bonds are issued, they trade at premiums or discounts to their face values until they mature and return to full face value.
10-year government bond is a debt security issued by the Central government with a residual maturity of 10 years. It is used as a benchmark and guide for interest rates on lending products.