FX Auction

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

외환시장팀 (02-759-5834) 2020.04.27 1089
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□ 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: 0.33% (OIS corresponding to each maturity+25bp)