Treasury Bond Issuance Plan, August 2026
The Ministry of Finance and Economy plans to issue Korea Treasury Bonds worth approximately 17,000 billion won in August 2026 through competitive bidding.
Auction Schedule, August 2026
(Unit: KRW billion)
Name
Auction Notice
Auction Date
Settlement Date
Issue Date
Type
Volume
2Y KTB 03000-2803 (26-1)
July 30
August 3
August 4
March 10, 2026
F1
1,650
2Y KTB 00000-2809 (26-7)
July 30
August 3
August 4
September 10, 2026
P2
1,650
3Y KTB 03500-2906 (26-5)
August 5
August 10
August 11
June 10, 2026
F
3,600
5Y KTB 03375-3103 (26-3)
August 19
August 24
August 25
March 10, 2026
F
1,500
5Y KTB 00000-3109 (26-9)
August 19
August 24
August 25
September 10, 2026
P
1,500
10Y KTB 04250-3606 (26-6)
August 12
August 18
August 19
June 10, 2026
F
3,000
KTBi 01125-3606 (26-4)
August 4
August 7
August 10
June 10, 2026
F
100
20Y KTB 02750-4509 (25-9)
August 20
August 25
August 26
September 10, 2025
F
200
20Y KTB 00000-4609 (26-10)
August 20
August 25
August 26
September 10, 2026
P
200
30Y KTB 03500-5603 (26-2)
July 30
August 4
August 6
March 10, 2026
F
1,400
30Y KTB 00000-5609 (26-8)
July 30
August 4
August 6
September 10, 2026
P
1,400
50Y KTB 02750-7409 (24-11)
August 11
August 14
August 18
September 10, 2024
F
800
Conversion Offer
Conventional
August 13
August 19
August 21
March 10, 2026
F
300
FXB 00000-2708 (26-8)
August 18
August 21
August 24
August 10, 2026
N/A
1,000
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 3,240 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 August 20 with a detailed plan.
4) Buyback
Date
KTBs to be purchased
Amount
August 20
10:40-11:00 am
KTB 02625-2703 (25-1)
KTB 03250-2706 (24-4)
KTB 02250-2709 (25-6)
KTB 02375-2712 (17-7)
KTB 02875-2712 (24-12)
KRW 2,000 billion
* Further details will be provided on August 14 through the BOK website.
5) Conversion offer
Date
KTBs to be issued
KTBs
to be purchased
Amount
August 19
10:40-11:00 am
5Y KTB 03375-3103 (26-3)
(Maturing on
March 10, 2031)
KTB 01375-3006 (20-4)
KTB 03250-4209 (22-11)
KTB 01875-5103 (21-2)
KTB 03250-5403 (24-2)
KRW 300 billion
* Further details will be provided on August 13 through the BOK website.