FX Auction

  1. Financial Stability
  2. FX & Int'l Relations
  3. FX Auction

The announcement of the competitive auction through USD loan facility(5th)

외환시장팀 (02-759-5834) 2020.04.24 1206
  • There are no registered attachments

□ The facility is funded by the USD liquidity swap arrangement between the BOK and the US Federal Reserve.

□ Key details

  o Auction date and time of auction: 10:00 am to 10:30 am Monday, April 27, 2020

  o Auction Type: variable-rate auction

  o Offering amount: USD 4 billion

  o Value date: Wednesday, April 29, 2020

  o Maturity date: Thursday, July 23, 2020

  o Minimum bid amount: USD 1 million

  o Maximum bid amount:  USD 0.8 billion

  o Minimum bid rate: To be announced at 9 am on the day of the auction. (OIS corresponding to each maturity+25bp)