2026-07-24
Added · Updated
The Bank of Korea announces the issuance of Monetary Stabilization Bond DC026-1027-0910 with a scheduled amount of 600 billion won, auctioned on July 27, 2026, and maturing on October 27, 2026. Eligible institutions may bid in increments of 10 billion won, subject to a per-institution limit of 360 billion won, with settlement required by 16:00 on July 28, 2026. The bank reserves the right to adjust the issue amount if bid volumes fall below 180% of the target or if rates deviate significantly from market levels.
Monetary Stabilization Bond DC026-1027-0910 Issuance Notice Jul 24, 2026 The Bank of Korea announces the issuance of MSB DC026-1027-0910 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