FX Auction

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The announcement of minimum bid rate of the competitive auction through USD loan facility(3rd)

외환시장팀 (02-759-5834) 2020.04.14 2233
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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 Tuesday, April 14, 2020

  o Auction Type: variable-rate auction

  o Offering amount: USD 4 billion (6 days tenor: USD 0.5 billion, 83 days tenor: USD 3.5 billion)

  o Value date: Friday, April 17, 2020

  o Maturity date: Thursday, April 23, 2020(6 days), Thursday, July 9, 2020(83 days)

  o Minimum bid amount: USD 1 million

  o Maximum bid amount: USD 0.1 billion(6 days), USD 0.7 billion(83 days)

  o Minimum bid rate: 0.31%(6days), 0.33%(83days) (OIS corresponding to each maturity+25bp)