2026-08-07
Added
The Bank of Korea announces the issuance of Monetary Stabilization Bond DC026-1110-0910 with a scheduled issue amount of 600 billion won, to be auctioned on August 10, 2026, and issued on August 11, 2026. Eligible institutions participating in open market operations may submit bids with a minimum amount of 10 billion won and a per-institution limit of 360 billion won, with settlement required by 16:00 on the issue date. The bond matures on November 10, 2026, with principal repaid in full on that date, and the Bank of Korea reserves the right to adjust the issue amount if bid levels deviate significantly from market rates or fall below 180% of the scheduled amount.
Monetary Stabilization Bond DC026-1110-0910 Issuance Notice Aug 7, 2026 The Bank of Korea announces the issuance of MSB DC026-1110-0910 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