FX Auction

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The announcement of the competitive auction through USD loan facility(4th)

외환시장팀 (02-759-5834) 2020.04.20 3802
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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 21, 2020

  o Auction Type: variable-rate auction

  o Offering amount: USD 4 billion (6 days tenor: USD 0.5 billion, 84 days tenor: USD 3.5 billion)

  o Value date: Thursday, April 23, 2020

  o Maturity date: Wednesday, April 29, 2020(6 days), Thursday, July 16, 2020(84 days)

  o Minimum bid amount: USD 1 million

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