The Korea Financial Investment Association said on the 26th that it selected securities companies that will report the final quoted yields for bonds and commercial paper (CP) in the first half of next year.
The final quoted yields that the association releases on every trading day serve as benchmark rates for the bond and CP markets. Every six months, taking into account bond and CP transaction performance, the association selects securities companies with strong price-discovery capabilities as final quoted yield reporting firms.
Ten firms are slated to handle the reporting of final quoted bond yields: KB Securities, NH Investment & Securities, SK Securities, Meritz Securities, Mirae Asset Securities, BOOKOOK Securities, Shinhan Investment & Securities, Cape Securities, Korea Investment & Securities Co., and Hanyang Securities. This is the same as in the second half of this year.
Eight firms will handle the reporting of final quoted CP yields: NH Investment & Securities, BOOKOOK Securities, BNK Investment & Securities, Eugene Investment & Securities, Hanyang Securities, Hyundai Motor Securities, Shinhan Bank, and Hana Bank.