FX Auction

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The announcement of the competitive auction through USD loan facility(6th)

외환시장팀 (02-759-5834) 2020.05.04 3737
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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 Wednesday, May 6, 2020

  o Auction Type: variable-rate auction

  o Offering amount: USD 4 billion

  o Value date: Friday, May 8, 2020

  o Maturity date: Thursday, July 30, 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)