SEOUL: South Korean treasury bond futures jumped in late morning trade on Monday after President Park Geun-hye emphasised the importance of a timely response by policy authorities through cooperation with each other.
"Regarding (your question on possible) interest rate reduction, authorities in charge of macro-economic policy will respond in a timely manner through cooperation with each other," Park told a televised news conference in response to a question.
The March futures on three-year treasury bonds rose 0.20 points to 108.61 by 0206 GMT and the March futures on 10-year treasury bonds rose 0.71 points to 122.36.
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