2026-06-19
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The Bank of Korea announces the issuance of Monetary Stabilization Bond DC026-0922-0910 on June 23, 2026, with repayment due on September 22, 2026. This 500 billion won bond will be issued through competitive bidding on June 22, 2026, with a bidding limit of 300 billion won per institution. Eligible institutions must follow specific electronic bidding procedures, including a minimum auction amount of 10 billion won and a 60% bidding limit of the scheduled issue amount, with winning bids determined by the lowest discount rates.
Monetary Stabilization Bond DC026-0922-0910 Issuance Notice Jun 19, 2026 The Bank of Korea announces the issuance of MSB DC026-0922-0910 as follows.
(Appendix) Details of MSB Issuance
billion won. The bidding limit for each institution is set at within 60% of the scheduled issue amount of competitive bidding. ㅇ Application method for auction : specify the discount rate up to the third decimal place (in increments of 0.5bp) – One institution can bid at up to six different rates (However, re-bidding at the same rate is not allowed). C. How to determine a successful bid ㅇ Winning bidders are determined sequentially, starting with the lowest rate among the bids and working up to the scheduled issue amount. – If the amount of bids at the same rate exceeds the scheduled issue amount, excess bids may be accepted within a range of up to 20% of the scheduled issue amount, if necessary. ㅇ Successful bid rate – The highest winning rate determined by competitive bidding (dutch auction) D. Settlement date: Refer to the Notice ㅇ Each winning bidder will pay at the winning rate through its current account established with the Bank of Korea. ㅇ The Issue price is calculated in milions of won (rounding down for amounts less than one million won). <Formula for calculating issue price> Issue Price = Face Value × (1- × ) : discount rate on issuance : number of days left until maturity