S.Korean bonds steady early despite firmer stocks

SEOUL, Nov 6 - South Korean government bond prices held steady early on Friday despite a jump in the equities markets, on a relatively high level of risk aversion and ahead of next week's rate decision by the country's central bank.

The benchmark 5-year treasury bond yield <KR5YT=KSDA> was quoted unchanged at 4.97 percent by 0025 GMT, while December treasury bond futures <KTBc1> were 3 ticks higher at 108.83.

Seoul's stock market benchmark KOSPI <.KS11> rebounded from the previous session's nearly 2 percent drop but its gain was relatively small at 1.2 percent in early trade.