□ 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 Tuesday, April 7, 2020
o Auction Type: variable-rate auction
o Offering amount: USD 8.5 billion (8 days tenor: USD 1.5 billion, 84 days tenor: USD 7 billion)
o Value date: Thursday, April 9, 2020
o Maturity date: Friday, April 17, 2020(8 days), Thursday, July 2, 2020(84 days)
o Minimum bid amount: USD 1 million
o Maximum bid amount: USD 0.225 billion(8 days), USD 1.05 billion(84 days)
o Minimum bid rate: To be announced at 9 am on the day of the auction. (OIS corresponding to each maturity+25bp)