Ministry of Finance and Economy

On November 2, Deputy Prime Minister and Minister of Finance and Economy Lee Hyoung Il met with U.S. Ambassador to the Republic of Korea Michelle Park Steel at the Government Complex Seoul to exchange views on ways to further strengthen economic cooperation between Korea and the U.S.   Deputy Prime Minister Lee congratulated Ambassador Steel on her appointment as U.S. Ambassador to Korea and noted that the Korea-U.S. alliance, which has evolved over more than seven decades, has deepened beyond security cooperation to encompass economic areas such as high-tech industries, energy, and supply chains. He also expressed hope that Ambassador Steel, who was born in Seoul and has a deep understanding of both Korea and the U.S., would serve as a strong bridge for economic cooperation between the two countries.   The two sides also shared views on key issues, including Korea-U.S. strategic investment and trade. Emphasizing the importance of maintaining close communication between the two countries, Deputy Prime Minister Lee called on the U.S. Embassy in Seoul to play an active role in facilitating such dialogue.   Both sides underscored the need to further expand economic cooperation to continuously strengthen the Korea-U.S. alliance. Please refer to the attached files. 

Statistics Korea released Monthly Industrial Statistics, September 2026 report on October 30, 2026 The Index of All Industry Production in September increased by 3.0 percent from the previous month. Please refer to the attached pdf for the full report. 

The Ministry of Finance and Economy plans to issue Korea Treasury Bonds worth approximately 12,000 billion won in November 2026 through competitive bidding.   Auction Schedule, November 2026 (Unit: KRW billion) Name Auction Notice Auction Date Settlement Date Issue Date Type Volume 2Y KTB 03625-2809 (26-7) October 29 November 2 November 3 September 10, 2026 F1 1,800 3Y KTB 03500-2906 (26-5) November 4 November 9 November 10 June 10, 2026 F 1,100 3Y KTB 00000-2912 (26-12) November 4 November 9 November 10 December 10, 2026 P2 1,100 5Y KTB 04125-3109 (26-9) November 18 November 23 November 24 September 10, 2026 F 2,300 10Y KTB 04250-3606 (26-6) November 11 November 16 November 17 June 10, 2026 F 1,100 10Y KTB 00000-3612 (26-13) November 11 November 16 November 17 December 10, 2026 P 1,100 20Y KTB 04500-4609 (26-10) November 19 November 24 November 25 September 10, 2026 F 800 30Y KTB 04500-5609 (26-8) October 29 November 3 November 4 September 10, 2026 F 2,000 50Y KTB 04625-7609 (26-11) November 10 November 13 November 16 September 10, 2026 F 700 Conversion Offer Conventional November 12 November 17 November 19 September 10, 2026 F 400 Inflation-linked November 3 November 6 November 10 June 10, 2026 F 100   FXB 00000-2711 (26-11) November 17 November 20 November 23 November 10, 2026 N/A 1,200 1.       Fungible issue 2.       Pre-issuance   * Under a fungible issue system, new KTBs issued within a specified period (six-month period for 2Y, 3Y, 5Y, 10Y and 30Y KTB, one-year period for 20Y KTB, and two-year period for KTBi and 50Y KTB) are regarded as the same KTB issue.     1) Non-competitive bids option I   For retail investors, KTBs worth 2,260 billion won (no more than 20% of the offered amount in the auction excluding 50Y KTBs) will be allocated first at the highest accepted bid rate.   2) Non-competitive bids option II   A non-competitive purchasing option II is granted to primary dealers (PD) whereby PDs can make additional purchases of 5-30%* of the accepted bid amount within three business days after the auction.   * Up to 20%p of the option is granted to the top-performing PDs, 15%p to the 2nd best-performing PDs, 10%p to the 3rd best-performing PDs, and 5%p to the rest, according to their market-making performances for the last six months. MOEF will grant additional 5-10%p to best performing PDs in the monthly evaluation.   3) Non-competitive bids option III   KTB STRIPS* are supplied on the third business day after the auctions, 310 billion won for 3Y, 5Y, and 10Y KTBs, 360 billion won for 30Y KTBs, and 160 billion won for 20Y KTBs. PDs that have obtained the right to purchase these KTB STRIPS can make purchases of up to 25 billion won.   ＊Non-competitive option Ⅵ Details have yet to be decided. If non-competitive option Ⅵ needs to be implemented, the Ministry will make an announcement on November 19 with a detailed plan.   4) Buyback   Date KTBs to be purchased Amount November 18 10:40-11:00 am   KTB 03250-2706 (24-4) KTB 03125-2709 (22-8) KTB 03000-2803 (26-1) KTB 03250-2803 (23-1) KTB 02250-2806 (25-4)   KRW 2,000 billion * Further details will be provided on November 13 through the BOK website.   5) Conversion offer   Date KTBs to be issued KTBs and KTBis to be purchased Amount November 6 10:40-11:00 am 10Y KTB 04250-3606 (26-6) (Maturing on June 10, 2036)   KTBi 01750-2806 (18-5) KTBi 01125-3006 (20-5) KTBi 01625-3206 (22-6) KTBi 00750-3406 (24-6)   * Further details will be provided on November 3 through the BOK website. KRW 100 billion November 17 10:40-11:00 am 30Y KTB 04500-5609 (26-8) (Maturing on September 10, 2056)   KTB 01875-5103 (21-2) KTB 03250-5303 (23-2) KTB 03250-5403 (24-2) KTB 02750-5409 (24-8) KTB 02625-5503 (25-2)   * Further details will be provided on November 12 through the BOK website. KRW 400 billion